How low will she go?, page-238

Enterprise value sits @ zero with current SP , with $40m cash and great info from last Qreport -

Customer Updates Initial customer feedback from our product releases in Q1 has been positive and customer retention remains high at approximately 90%.

1-Page is in the process of deploying both existing and new clients to Source 3.0, and expects all clients to be fully deployed within Q2.

The Company remains committed to expanding its sales pipeline.

Currently 1-Page’s sales pipeline contains over 100 open opportunities and continues to grow. 1-Page is focused on targeting the large enterprise vertical, which consists of companies employing over 5,000 individuals with a large percentage having over 40,000 employees.

1-Page now has at least one of each of the top five global players in the following verticals including; technology, retail, consumer goods, financial, insurance, and healthcare.

The typical enterprise 1-Page client currently has on average 1,700 open jobs at any one time, demonstrating significant growth opportunity for 1-Page, with deployments typically starting at 25 pools (less than 2% of open roles), and scaling as part of an enterprise contract.

Customers have been very pleased with the results they have achieved using 1-Page’s Sourcing Solution. Specifically, customers have seen a decline in the sourcing workload of their recruiters while the effectiveness of their recruiting efforts has improved, allowing them to find and hire the specific candidates they are looking for.

The ability to search comprehensive professional profiles and find candidates with affinity to the customer’s existing employee base is a particular draw for recruiters. Notable customers have expressed their excitement for 1-Page’s Sourcing Solution and have seen tangible results.

For example: A Fortune 500 technology solutions provider with over 10,000 employees has employed 1-Page’s Talent Sourcing Solution to help them maintain talent growth in an increasingly competitive hiring market.

By replacing manual talent sourcing with 1-Page’s curated pools, the company increased the quality and flow of talent in their pipeline, reduced sourcing time, and facilitated engagement.

This was all achieved without extra user effort or training and eliminated the costs of manual job board postings.

• The customer has seen a 30% improvement in candidate response time.

• Recruiters could also see which candidates were connected to the company’s more than 10,000 other employees.

This gave them another level of pre-screening and also enabled current employees to assist in the recruiting process by reaching out or providing references.

• 1-Page’s platform is comprehensive, with curated pools of candidate profiles matched to the customer’s complex requirements - by skill, experience, region, and more. Each profile was aggregated from trusted sources, validated regularly, and enriched with direct contact information. A Fortune 500 retailer with over 9,000 employees and 500 stores has been using 1-Page’s Sourcing Solution for the last year to help them manage their employee turnover. The client saw immediate value in 1-Page’s solution and has explained how and why 1-Page works for them:

• “1-Page provides a service and a platform that we cannot do internally. Not only is it an easy platform to use, but this is an organization that provides us with a high level of service.”

• “Overall the biggest win is the ease of use of the tool. The fact that I can go to the team and spend just three minutes explaining the functionality has been pivotal in having the leaders want to be involved in the entire process.” Lastly, the Company’s Partnership Program continues to be successful and provides a complementary distribution channel for 1-Page’s solutions to a broad range of large global enterprises.

Notable reseller partners that we have previously announced have enabled us to sell and distribute our Sourcing Solution to some of the largest enterprises in the world. (Deutsche Bank was previously disclosed incorrectly as a direct customer of 1-Page. Instead, they are a customer of a reseller partner that uses our Sourcing Solution.)