positive research report

hey baussie, for someone who doesnt own the stock you certainly follow it closely im guessing by your regular posts. at this stage your comments are correct and past history and promises mean that for most this is a strong avoid however for people whom invest on a risk / reward case its a spec punt with big risks and big upside if the new management delivers.
the investor presentation just announced plus the positive independent report by wise owl reads very well however reports and words do not make companies.
the new team is less then 6 months old and seem to have a very confident feel about them. they are all highly qualified and the signals from their comments are upbeat however until it translates into revenues most will stand well clear. if the new ceo can turn this cash flow positive by june as he has stated then todays buyers will be rewarded in a big way.
as i said its a risk reward story with the odds and history stacked currently against it however internally the company is sending very positive signals for those prepared to punt it.
the latest reports only add to these good signals.
chances are you will be correct and past failed promises from previous management mean that nobody believes the new team however whilst only slight perhaps these new guys are the answer (or not).
we will all know in 6 months one way or the other and with the share price at 2.5c shows that at this moment nobody is listening or believing hence the poor sspp take up at 3c