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Sales resourcing and marketing activity has begun in line with our strategy of commencing with the start of the new academic year
·; The Company has secured strategic collaborations and partnerships to enable it to capitalise on the immediate UK market opportunity, which the Company estimates to be in excess of £100 million per annum
·; The Company aims to secure 10% of this UK market opportunity by 2023
·; The Company's Educate platforms are offered on a 36 month SaaS based licence subscription
Barnard, I can respect them, without agreeing to them, which I don’t.
Sunset, I’m probably over invested, TBH, but I’m sitting on 100% profit, so I can afford to be and I think it will be a good share in long run, with many multiples to come, it’s a much longer term share for me at the moment, regardless of where I stand now.
How can you respect someone who posts about raising money and lols?? When it is ridiculed on twitter by a TR1 holder and is nonsense..ah well ..each to their own but that green "message is filtered" box is good..IMO obviously.
I haven’t filtered you sunset, I respect your views, agree there is always risk and that Dev need to turn the news into cash, I believe they will, at the moment they are laying the foundations for that hopefully.
Also revenue from Pubpal and the Low6/Sky collaboration provides income from every transaction. We have come a long way in a short period of time. CJ did say this year would be transformational. Funded at 10p .25p warrants solid key TR1 investors, Lenovo and Veative Labs and branching out as well as the global Edtech..not a bad year so far ..IMO. Going in the right direction and hopefully a lot of growth and decent results to come. GLA.
They’ve all filtered me, so this will go unread by the‘believers’, which is fine by me, but what barnard’s response demonstrates is that they basically have no clue as to revenues. It’s all totally wishy washy. A bit of a punt. Which in itself is fine, so long as investors understand that. The education technology sector is growing rapidly. Maybe Dev will be a winner. But until sufficient revenue streams are identified, there remains the risk that further funding will be required. I am invested here. I hope Dev succeeds. But I object to those on this board who present this as a one way investment. IMO, at the current sp, there is significant risk of under delivery. There is no ‘free ride’ to 25p, otherwise it would already be there. However, I’m a big fan of innovative British companies, so I hope they succeed!
Potential revenue comes through Lenovo! Each school that purchases this solution we receive a fee from Lenovo. We also have a stand aloneVR Career Launcher which is includes 1 Mirage S3 VR headset and the company’s career guidance software and is designed to drive mass adoption of VR across educators. The products are taken to market by Lenovo’s network of global resellers, distributors and vertical sales teams. FSA I hope this helps.
We are entitled however to assume that the likes of Lenovo have not engaged with Dev Clever without understanding that Dev Clever has something to offer and if that offer is good enough it will bring good revenues.
Above the 'Post Message' button - you can select 'Filters' and type in his user name. I quite like winding up disruptive sorts if not mega busy - but tbh - best filtered :-) All you'll see I think is a green box when he posts in future......
Sunset - do some research and make up your mind whether you are likely to see a positive return on your investment. You add nothing to the board yet expect others to engage in pointless debate with someone who doesn't have a clue about Dev or the sector. I'm not the mug - you are if you are investing in companies based on short term price movements alone and no prior research. I'll leave you to it as I have hit a nerve and did not intend to offend - you are impossible to take seriously - which is why you're getting mocked by everyone. Do some research and buy/sell/hold as appropriate.
There are companies with 66 million revenue and 2 million profit sitting at 6p. Dev can't go higher than 10p on a few quid revenue, but I'm hopeful that the company will grow into millions. Waiting for the trigger to reinvest when funds are available.
Dip, rather than writing banal rubbish, how about engaging with the issue? Despite numerous rns's and lots of fancy words, there remains no clear path to the revenue streams required to either justify the current sp or provide the revenue streams required to fund future growth. It's starting to look like this company's coffers will be as empty as the average comment on here is devoid on meaning. Answer my points or be quiet, taking the p@ss only makes you look like a mug.
Sunset and MrC were hoping to come in during this period and gain the kind of profits we did as earlier investors - but its all about timing, we took an earlier but riskier position in the company as we saw the potential before them . We're now in a phase where it might take a little while for the next leg up but large investors and II's are happy to wait - so am I, and I do expect when it comes we're going to climb faster than previously this year.
Sunset.... indeed. This share has done very well for me, and I continue to hold, but believe we are now entering “ show me the money” territory before we will see any further significant hikes in the SP.