Bright Future., page-2

  1. 12,526 Posts.
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    Have watched this quietly for ages and always wanted to see it fly, or at least get off the ground. Good to see it is finally able to put a product to market, it has been a long hard road for many investors and staff. The risk is the company now lacks some fundamentals to really fly including a more robust governance framework and stronger board team, insufficient cash (reserves or free cash flow) to see through the initial sales cycles from late 1st quarter next year, R&D to ensure revenue diversity and sustainability and lots of other stuff. Possibility another round of capital raising and some new Board members looming.

    Still like it though...

    Getting in now at around 1.5 - 3.0 cents for a short term (i.e. up to 12 months) investment punt is not a bad approach as it will take time for the sales cycle to start to really get going or prove they have missed the market and are out competed by others.
 
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