Yes, stunning results. I typically look at a few key metrics before diving into an investment, including: - Is the balance sheet healthy (not too much debt)? - Is there a track record of profits and how are they trending? - Is the company in a field with ongoing/growing demand? - Is there a stable management team? (This is perhaps the check that has some cause for concern, but having heard/watched some presentations the passion is evident) - Is there competitive advantage?
Now I'm not saying I tested all of these before I dived into iSignThis as it was in the day because it was early days. For me it was first brought to my attention via a LiveWire article (Buy/Hold/Sell) which led me to look into the company more. I actually didn't spend too long on the first two questions above, but I did watch some clips with JK presenting his concept and the last 3 points satisfied me enough to jump in with a small parcel.
If I were a fresh investor and ISX was soon to re-list, I would say there is sufficient evidence across each of these questions with the exception of the management team. That would cause me to look into it further, but I daresay the outcome would likely be the same and I would again invest.
I would say there are happy days ahead, but my word it's been a journey and I have many times thought my investment was worth $0.
GLTAH
SP1 Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
