Is there any wonder that MSP had its best 4c Cash Receipts wise
'000s
Sep 2016 - 1818
June 2016 - 1090
Mar 2016 - 1025
Dec 2015 - 1091
Sep 2015 - 1,573
Jun 2015 - 933
Mar 2015 - 924
Dec 2015 - 1024
After speaking with the CEO Geoff Cleaves he indicated that distribution agreements take about 6 months to start bearing fruit as staff training and adoption of product needs to take place. Read what you like from that and compare with the 4C..... MSP has pivoted heavily in the last 6 months for sales growth...it is as clear as night and day.
here is a recap of all the distribution agreements signed in the last 2 years....
Appointments of Distributors
17th April 2015 -Transtech - North American Distributor
3 July 2015 - Seadan - Australian Distributor
4 Sep 2015 - LSC - Australian Distributor
14 Sep 2015 Honeywell Group - Australian Distributor
1 Feb 2016 - Hills Industries - Australian Distributor - possibly the most trans-formative turnaround asx stock.
29 July 2016 - Access Hardware - Australian Distributor
There is one distribution agreement that is not listed - AVA ..........MAXSEC buit AVA not just additional services revenue provided by some of the best wigs in the industry recruited from 3.4 Billion market cap G4S Security.... they have build AVA to distribute BQT Technology products. Chris Ferguson, head of AVA , who bought $360,000 in the cap raise (the cap raise was 3 cents) will obviously want BQT and AVA fully integrated as seamless integrated entity.
I don't buy on charts... I buy on fundamentals.... and the fundamentals look extraordinarily good.
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