NET 31/12/2019 - Customer receipts guessing game, page-170

  1. 267 Posts.
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    precisely why the acquisition doesn't make sense.

    they're already burning cash, and the products from SSI are the direct opposite of what NET want to do. I guess they could be using it for the lawful intercept / back door for the China government aspect, but even that doesn't make sense.
    funnily enough I have a few 2nd degree connections to former staff on LinkedIn so if I find the time I'll ask some questions


    while Kwee is right SSI was a private company, no obligation for opening the books. that's not so much the case now that they are part of a public company.

    the only people they are retaining are the CEO and CTO, doesn't that strike you as odd? and they're still yet to name the two foundation clients. sure there will be overlap with some dev and coders, but letting go of the people who know how the product actually works, that's never gone well for a company.

    like I said it almost sounds like a reverse take over, but the $$ don't make sense, nor the lack of activity on LinkedIn, or their own website, I've never seen them and a roadshow or convention.

    I'll check into some of their patents later and see what they actually have that's worth 10m.

    10m for a company with minimal clients, selling outdated tech, no expansion, and currently makes less than 1.5m profit a year (note how the Ann says the 1.5m is after they 'remove the dead weight&apos

    I did manage to find the below details from the domain *shrugs*
    https://hotcopper.com.au/data/attachments/1969/1969675-76929a5127b4d090c832655f05d87163.jpg
 
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