No need for sarcasm and passive aggressiveness.
Just because we (shareholders, traders, public) don't see what's happening behind the scenes doesn't mean things aren't happening or there is no movement. Businesses don't advertise their dealings until everything is done and ready, things take time in business, small or large.
Why would the NAB trial be over, they didn't give a timeframe for it, if anything it's progressing and getting into further details, NAB is a huge business, things operate on a different level.
The NAB deal is MOU2, perhaps those with tin foil hats on with the conspiracy theories should give it a rest and read the ASX inquiry that directly asks IAM to confirm that the MOU deal is still in full force and effect, which it is.
Making things up doesn't help anything; obviously this and obviously that is blatantly false, can you confirm categorically that this "client" is not satisfied? No, because said client you refer to doesn't exist, because the MOU2 client is NAB.
The Sentry Pilot is still ongoing, they increased it from 6 to 15 due to demand from within their own practices, that's a positive in my view and Sentry's CEO himself stated with confidence that the Pilot would become a national roll out which was stated when the Pilot was first signed, someone of his position doesn't just throw around comments like that, so again that's also a positive.
Management did say they have huge demand and I have no reason to doubt them, the demand can be seen just from Sentry having their own practices demand to be part of the pilot. Nothing to do with difficulty, there are many complexities in business deals and things take time to put together and work out.
Management are quiet because they are busy working, what do you want a running commentary of their daily business and every detail.
Patrick Canion mentioned to me last week, the company has a clear strategic plan that they are implementing and is well on track, but this does not always align with the very short term timeframes and impatience of traders, they are building and working towards creating a robust and sustainable business.
I'm very happy with the progress IAM has made since listing only 8 months ago and in the almost 2 years I've been invested in IAM.
iPACWA are a huge client along with Sentry Group and iPACSA and one other iPAC i think there is along with 8 other clients that were already signed up before the listing.
The management team here with Patrick Canion, Mark Rantall, Mark Fisher and Matthew Walker is of some of the highest calibre and high profile within the financial industry and a rare thing to have in one small cap stock.
Sentry will roll out nationally when it does, as stated by their own CEO, not a matter of if but when, in my view, same goes for other clients signing up. I believe management said they were talking to NAB and AMP at the investor roadshow, well NAB has been signed on a trial.
Good quality businesses take time to build and that's exactly what IAM are doing, I agree with Patrick, they are not there to adhere to the short term timeframes of traders and to just make fluff update announcements to appease a few shareholders and traders so the share price can spike and they can sell off for profits and move on.
Everything is on track in my view, delays in business happen and if this was a company you invested in as a VC off market the only difference would be is there wouldn't be a share price value going back and forth, up and down like it does on the stock market, the company would simply keep progressing towards it's goals as a business.
End of the day I'm happy with my investment with IAM, that's all that matters for me.
I invest & trade on my own research & information and follow my own methods, not worrying what others say or do.
Cheers.
