positive and negatives, page-33

Incorrect, revenue was booked prior to CEO departure and at least three potential contracts have fallen over in the past few weeks due to new management approach on pricing , examle a previous post mentioned solar company with 4000 salesmen , what has happened to this revenue and / or contract . As a company you dont allow 4000 seats without some agreement. The AGM was a visit from Perth , how not to answer questions . New Management very disappointing, used the excuse Ive only been in the job for 6 weeks on 6 occassions . As a non exc director in a small company he should know what is / was going on. This company may find Aust revenue growth plateauing and USA reveue non existent or slowly ramping up. If this is the case there will be a capital raising , probably second half next year.
The product is reasonably good , however comparative advantage will disappear over time. The previous CEO understood how to A) hook customers in and ramp up a business after you have the customers ie increased data useage = increased fee B) you have to scale and be on the ground ( especially as a foreign co ) in the USA. RN mentioned that he expects the same growth path in the USA as Australia . By making this comment he reconfirmed the guidance on USA revenue (which i assume was not his intention). I hope this company is hugely succesful , however i do have my concerns that it could go the way of most Aust companys who get a USA move wrong