STTCOMP 3DP TA LONG
MC: 26m
They have patented 3D data technology.
They offer 3D data processing, analysing and storing in the cloud for instant, on demand user access: anytime, anywhere without the need for high performance computing.
They had good announcement on 2nd September about Growth in Sales to Existing Customers and Sales to New Customers in New Sectors. Since this announcement share price slowly climbing up and chart formed ascending triangle with break out of first resistance at price .049 and right now in process to break out of major resistance at price .057. I am expecting this break out with good quarterly as announcement on 2nd September says: "The Company looks forward to informing the market of further growth in Annual Contract Value (ACV) when it next reports ACV levels as part of the September quarter 4C"
Expetation for Annual Contract Value (ACV):
January ACV was $930k with 50% growth in cash receipts.
April ACV was up 42% to $1.32 million, with 350% growth in cash receipts to $433k
July ACV was up 40% to $1.85 million, cash receipts down to $210k due to month on month prepayments received in previous quarter.
Septermber ACV could be another +40% and quarterly cash receipts about $400k
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STTCOMP 3DP TA LONG MC: 26m They have patented 3D data...
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