mona
expect one or two deals plus a broker backed capital raising before the end of the month. spoke to the company again today and the customers uptake shows no sign of abating. by the end of march the company should be cash flow positive as cash burn is now only 75k per month. they only need 50k paying customers to break even for that out of a potential 500million customer base. i expect a major australian telco to sign a deal and .6 will be a distant memory. this company has the best product with little or no competitors. it is way oversold at .6 and will trade much higher once new deals are announced along with fresh broker sponsored capital raised
mitch
MBI
mobi limited
