I know some finger tips have been burned with this one however I do believe that this is a very sound long-term hold. Our Chairwoman will replicate what she has done with Xero in NZ. This statement from The Australian always gives me warm fuzzies:
The announcement with Panalytics is the proof in the pudding. Panalytics provides a cloud software solution for accountants and the majority of whom likely use Xero..
Snippet from ann from 29 June 2016:
-Agreement provides Velpic with access to an immediate 165 new customers and potentially 500 new customers in both Australia and the USA.
If Leanne's strategy with Xero worked once, it will work again. I am expecting a 3000% increase to our current customer base in the next 3 years
All in my opinion, please DYOR
VPC Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held