There is nothing wrong with the business for those on the inside.
Directors/management/employees.
The big issue is as a publically listed company; it cannot attract investor interest.
The listing is illiquid!
Useless as a potential investment opportunity - no capital appreciation, no trading, no dividends.
Baillie, Jobling, and Ewart control over 58% of the shares - that leaves 190 million shares that no one is interested in.
Its umbilical cord is Netsuite - and JCurve is an agent (one of a multitude)
That is not exciting - it means they are basically a provider of a sales force for a multinational organisation within a defined space. Ellison just gets richer on their efforts.
The numbers in the millions of dollars re revenue look great, but they are meaningless.
JCurve is a commissioned agent with a sales force.
That is not building the JCurve brand; it is building the Netsuite brand for Ellison.
I would not care if they jettisoned the Netsuite agency and built a JCurve brand on acquired cloud-based business management technologies - and raised millions of dollars to execute such a plan.
The current situation is a trip to nowhere. JCurve has no control over its destiny.
It is an AGENCY BUSINESS with a massive sales force employed to flog Netsuite, get paid a commission and make Ellison rich
!!!!!!!!!!!
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