With a market cap of only $6 million, this is an excellent value proposition. Here's why:
♦ Recently signed a global services agreement with Vodafone. (CCP Smart Tags can communicate over WiFi, Sigfox, Cat M1 or NB IoT and provide 24/7 monitoring and transmission of data to app on the fly. This is aiming to disrupt antiquated passive data loggers in the industry)
♦ CCP’s monitoring system patent will be granted for Australia in the coming weeks.
♦ Proposed joint venture in Las Vegas continues to progress.
♦ Not just for perishables - energy monitoring and power usage coming in August 2018. (more versatile than ASX: BUD's offering). Devices can be configured for multiple solutions; e.g. temperature, humidity, pH, dissolved oxygen and energy.
♦ This same automatic monitoring function is scalable across a variety of verticals - for example, ACT Health, a vaccine storage facility, uses CT1 to ensure regulatory compliance and vaccine quality assurance.
♦ Will feed critical control point data into a blockchain (allowing decentralised and immutable supply chain logs to prevent food contamination and automate food safety record keeping). This blockchain will supersede 90% of businesses who keep paper-based records or flat out fail to comply.
♦ CCP progressing discussions with Microsoft on blockchain capability.
♦ Highly scalable business model - device cost falls with increase in customer uptake.
♦ Customers rapidly flocking to the solution - Caltex, IGA, Metcash etc. on board.
“CCP is the best I have ever used”. - Paul Rifkin, Executive Chef
https://www.instagram.com/chefpaulrifkin/?hl=en
** Have the patience and conviction to hold through periods of uncertainty if the underlying business is promising **
** The greatest returns come from getting into a stock at the ground floor when everyone is selling it off. Ever looked at a chart (like FBR) and said to yourself:
if only I had bought in when it was at the bottom? I expect this will be a similar scenario. **
