12 months back Pintoho and I had a little chat about 'promises' versus reality in respect to Nearmap sales...
Unfortunatey Nearmap remains in loss and promises remain promises rathr than 'deivered' in termso shoing a profit.
I did mnetion I did not want to hear excuses about why sales were not occuring at a profitable level back then.
Unfortunately unrealistic projections dont ct it in the investment world - just profitable results. The share price tells the story.
Hope some of you listened when I warned 12 months back.
Whats happened since then otherwise? IPR management have made some steps which 'may' yield results but as we have seen the may not as well! Google are doing their own things as well .... which don't appear to involve IPR....
I continue to watch IPR for the legal cases business potential. Nearmap remains something that is decimating shareholder funds meanwhile. The financials prove this.
Blastoff
IPR Price at posting:
8.7¢ Sentiment: None Disclosure: Not Held
