Another pest returns!
Here’s some points you didn’t think of!
Listed at 20c in March 2015
16 months later, share price has increased 110% to .42c
Strong Institutional support with TI & Gandel/Thorney as major shareholders
Expanded global presence with UK office opened in December 15
Revenue increased from $0 in March 15 to $78k per month as at June 16. Revenue has increased every quarter since listing. Yes, they are still burning cash but the technology has been validated.
Conversion of MOU’s with Singapore Telco, MyNetFone & Macquarie Telecom due any day!
Subsidiary of large Telco is currently in production with an APAC subsidiary of a multi-national telco with initial customers already added to the platform.
$1.5m R&D expected next month. Cash balance at 31/10/16 is forecast to be minimum $2.067m
Happy to hold, the patient will be truly rewarded here $$$$$
Another pest returns! Here’s some points you didn’t think of!...
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