I really want to like this company. I made a fair bit off this...

I really want to like this company. I made a fair bit off this in the early days.

The company came out with MYOB, BNZ as clients, then followed up with second tier deals.

See page 29 -

"With no further planned major capital expenditure and based on the available funds as at 1 June 2015, the Company has sufficient funds to meet its current business projected growth to cash flow break even "

Am I reading that right......? A break even position is the goal? What about profit?!

I wonder how much of the $6.5 mill available is cash and how much is debt..?

At $23 mill market cap or there abouts it could be a cheap entry... but really needs clarification on revenue and profit. Yearly revenues are around the $2mill mark from memory (I may be wrong) - with no profit so far, so even at these levels it's possibly a high multiple?

Will watch with interest.