I chose not to exit on Friday as we breached and held under...

I chose not to exit on Friday as we breached and held under $0.14, purely based on the reasons/drivers for the sell down - Global panic...

Again, panic/irrational selling, covering positions and fear. As we saw, the DOW climbed +300 last night I have no doubt this will bounce back a few cents in the short term. Think we will see $0.15-$016 Monday.

Happy to hold this long term for the following reasons:

1. IOT is widely forecast for massive growth along with (Cloud software, computing/security & mobile)
2. Quality management and investors - Recent appointment very good
3. Circa $14m in cash, no immediate need for a CR

Also like and hold BPF and CVT in the above spaces.