It's an international software company that is focused on transitioning to SAS recurring revenues and away from lumpy one of contracts. The world handicap software once implemented in a golf federation is as sticky as it gets. It also unlocks relationships with every golf club in the federation that MPW can promote software solutions to. They have ramped up the R&D and S&M and we now wait for the results of the increased spend. The maintenance R&D runs at around 35% of the R&D spend. If they fail to lock down a significant number of federations in the coming months then there will be cause for concern. Regardless the 2.2M shares gifted to me from the angry fundie dump in Feb are up 67%. It's a weird feeling when you get the call " want these at 9 cents ? " as you wonder what the seller knows that you don't know ?
It's an international software company that is focused on...
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