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SO whats the story here guys/gals
Like sng, this covid app will shoot sky high too OVERNIGHT. 1 news at 7am and you could be paying triple is the price.
Aim- everything happens big and fast.
News of the sales team performance coming very Very soon!
exactly @underdog1, once the flood gates are open we are in for some great times
Excellent Analysis Claire and exactly how it works. i imagine there will be smaller contracts first as those companies are more nimble but ultimately and as he mentioned in the proactive interview, he's talking to bigger companies and there are multiple layers and hoops to jump through. I imagine were close.
consider the nature of the product, this is an infrastructure and people management tool
as such it would involve multiple roles and decision-makers in companies (IT, C-Suite, HR, Ops)
For this reason, it can take a few weeks from opening conversation to close, once all parties are in sync and alignment.
the great thing is at the moment companies are working faster and harder on getting these kinds of tools in place as essential.
i imagine the team are looking to onboard a big org first and some uni as part of the market awareness piece, this will in turn drive sales faster with more adoption.
this is a snowball product, that will gather fast pace and usage once it gets going
Hopefully ASAP but that’s if we have/get any sales! I will think we will and if we do it will be great for everyone!
when are we likely to receive news on sales ?
a day like SNG would be great
GLA
I am not could or Sen, don't have time for this. We will all find out before long. For sure in two weeks time. GLA
Jo stop pretending you have money to invest
Just to be clear I am here to check if any new RNS regarding sales to see if I can reinvest. But i understand it cloud peoples judgment if ones money is in certain stock and tend to defend at all cost.
19k means zero. There you have it folks
19k means zero, bcz that means no new sales and will need to delist with that revenue before long.
for someone who has nothing good to say about the company why are you wasting your time on here ??
Does 19k=0?
Just wondering if you are aware CTEA was talking about ceasing trading earlier this year pre COVID, and last reported revenue is 19K?
If you are going to troll at least troll accurately. Go check their financial statements.
Wow, 50P top line, not a single penny in sales. I am waiting for the first sales news.
the company are very openly saying that big things are in the pipeline and going to be happening.
locking in the CEO and CFO is a stability play, and doing the shares with vested brackets is a big pay day for them and could be seen as a clear sign that something is happening.
top line of 50p a share is a fantastic SP for any investor now.
a matter of when rather than if.
No ramping needed ....
Just glad I got my shares cheaper than the BOD ...lol
Happy to blue and moong May it continue ...
BOD getting there shares in line is very normal when a company is about to launch into a new era ....
Agree with the 10p on the cards ...but Covid stocks can really surprise you ...look at SNG today and just glad that I had a little punt on opening today as these type of shares can be life changing if you time it right - GLA
the new shares to the BoD is fantastic news.
Consider that the BoD know exactly what is happening with the company and partnerships if they are locking this stuff in place now it could be a great indicator of a big sales and partnership in the works
also looking at the vesting price points, it's usually safe to assume that just below the halfway point is their current realistic target with the upper price being a dream. so we are looking at an SP of around 22p to 24p
massive news and market potential
Today's RNS is emintently positive. It is a clear indicator that the BOD expect the shares to be above (and stay above!) 10p in the near future, and potentially over 20p. Why would Guy and John accept this if there was no chance of reaching and sustaining at least 10p?
https://www.businessinsider.com/tech-companies-worth-billions-unprofitable-tesla-uber-snap-2019-11?r=US&IR=T
"Many of the world's most valuable tech startups have never been profitable, raising billions of dollars from investors while still losing money every year.
Tech startups typically focus on rapid growth in their early years, burning through investor cash in order to expand.
Massive brands like Uber, Snapchat, and Spotify are among those that have yet to make a profit.
Wall Street is becoming more accepting of this startup model — investors are willing to tolerate negative cash flows for increasingly long periods of time."
I agree in a mature market, but in a startup, sales is key otherwise the shareprice is at risk of P&D.