Blue sky projections for AJX, page-27

The delays are what I have picked up from other posters. It seems to be consensus that they have not hit their own timelines. You may be happy with where they are but they may well have overreached. I was not an investor 2 years ago so cannot comment on that time. However there has , as I understand it, been a change in CEO that suggests something was not going the way they wanted.

I am certain they have a great growth trajectory, what we all have to admit is that we have no idea how many of the leads we will convert. How much will the average mix be. What the licencing deal will upfront and what reduction in margin that we may have, so how much of the deal will be a prepayment. There are alternatives but we all agree they are inferior, I have no knowledge scientifically how inferior and for how long the alternatives will be around. I also have no idea if there are any companies with similar potential in the same arena. I cannot predict the margin or how sensitive the market is to price...

Right now what I do know is that for the company to hit the $18 million a lot of things have to fall into this year which may not happen. I am not negative but realistically this cannot be a safe investment yet. It has far too many variables I cannot predict.

The comparison to PGC was because they are around $145 million market cap and have gone through similar cycles but don't have the same growth trajectory. They have transitioned to a profitable business and are maturing. the reference was made to the bait that I must be around dogs...

If this is such a winner that you can project making 100% returns in a few years we certainly are not able to sell the story.