New Deal Flow, page-27

Look these guys have got a track record of exaggerating and their announcements are often overhyped and deliberately misleading. You just need to go back from June and read through what came true. I am surprised ASX has only pulled them up once for this about CBA when DUB was happy to use the cloak of secrecy to let market believe the deal was worth 20-50mil. With these guys I use the following formula “take what they say, halve it, and halve it again” and you should arrive somewhere near the truth. Back in OCT there were a large number of enterprises with pens hovering above contracts (where have they gone). So with 20 Telco’s by end of 2016, think 5. If anyone calls Steve you know you’re going to get the “a number of large European Telco’s are in advanced stages of contract negotiation with announcement expected in a matter of days” spiel. I suspect as soon as they announce the next deal, the SP will spike, and you will see them dump some shares and cash in.