I called the company today ans asked why the high degree of spending. As I thought, it is tied to to contin uing high growth. This is designed to stay ahead of the competition and keep growing with a high degree of leading companies as clients. The coy says it had a huge number of recurring clients and cannot cope with demand. It seems odd that if this is the case why doesn't it employ some strategically placed senior sales people ? I guess that the next major report will be figs. to June 30th. I am sure we all look forward to this milestone.
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