Seems a lot of new downrampers appeared on this forum today. I take it as a good sign. I believe the next 2 days will see many sellers of today rushing back to buy before the much anticipated update on Monday next week.
The 4C today is very good, however is not my focus. The June positive net operating cash flow of $662k is a nice surprise to me though. My focus is the next announcement regarding
- StartApp going live,
- Completion of 2nd batch of activations,
- Daily revenue smashing $65k/day,
- Debt facility secured (this is my top priority because it will help EN1 accelerate even more impressive revenue growth in the busy seasons ahead),
- Q2 revenue smashing $4.3mil-$4.5mil (approximately 130% revenue growth on Q1),
- June revenue smashing $1.8mil,
- Indication of 3rd batch of activations to start imminently,
- Updates on AdCel and IconicReach platform performance and
- General update regarding management's view of the business going forward. Also,
- Any commentary from Ted regarding the latest 4 LARGE customers including AppLovin (a $2bil dollars company that is now working with EN1 as a customer).
As a long term shareholder, all I care is to see more and more positive progresses from the company and so far, as far as I see, EN1 is firing on cylinders, revenue keeps accelerating impressively on a fixed cost structure. As EN1 keep kicking goals, I see the pressure keep building on the day traders on how to make a few pips without missing out the much bigger rewards (I am talking about sp of 15c, 20c, 30c as we move through Q3, Q4). It is almost like a dog fight between traders, who wins and who loses, who is more cunning than others. Obviously, some traders will lose due to lack of experience, lack of conviction, lack of research, being naive and/or are late to buy back the shares while other more cunning ones win, along with the brokers and the tax office.
I am watching for June revenue figure of $1.7mil-$1.8mil closely because to me it is a very good indication of amazing further revenue growth in July, August, Sep,...given there are many more revenue generating activities lined up in the next few weeks and months, starting with StartApp going live. This customer alone could potentially double the current revenue for EN1.
