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I`d expect us to have several paying customers because there`s several small organisations who have trialled it but in a year no body has been willing to pay for it. We were in talks with a major mobile provider and numerous other customers but none of that has turned into income. (I don`t really see why that would change now in that they had to make capital out of this at the start) I note that we are apparently in talks with a fortune 500 company and indeed we should see what come of that. (Though based on previous track records I wouldn`t get too excited about that.)
As for the Botswana trial I think we`ve been waiting 8 months for news on that so I don`t think you`ll here much about that wheeze again.
Two important points there was a window which is rapidly closing to provide private companies with the app this will be superseded by a govt app which everyone will just use.
I agree with your comments re the SP a slow bleed followed by a massive spike or back to 1.5p
I am invested here but having looked at BBI which is part of the UKRTC https://www.bbisolutions.com/en/category/digital I am thinking the govt are likely to go with them?!
Roll on news
Fortune 500 construction company
Mobile provider
Afric-ID
Updates on working alongside the government with potential covid passports
those are a few just to mention, so we are not waiting on one department for ground braking news we have a few that should be with is very shortly
GLA
Biglad, how do you expect us to have had several paying customers when formal adoption hasn't actually taken place in the UK?
We've had trials running for months, only now are they talking about trialing this at Gov/country level with businesses. If anything, I'd say we're ahead of the game in that respect.
We are due to hear back on the fortune 500 company trial at the end of April/start of May. That will be great timing.
We may not win the huge contracts, but I believe catenae will profit one way or another from all of this.
Either way, the negativity will continue here until another announcement. Naturally, the SP will lower until news. I'd be surprised if we didnt have at least 2 or 3 RNS' released by the first week of May, and even more surprised if they weren't positive.
DYOR, I'm not going to ramp this share and say it's going to rise now (see my last post and comments here) but I think the slow bleed will be followed by a strong rise.
GL DYOR
This board is fairly mature, thanks for the decent responses. Alamo, you mention 5, can you provide the names of these companies as I'd like to do some research into them and try to establish how they are ahead etc.
Unfortunately for all is investors here he has a pretty poor record of upping his game. If this was likely to succeed this would by now being used by several paying customers firstly in the private sector and then public sector. The results of the trials would have been trumpeted and volumes of users would have been steadily increasing. Obviously you can though go new clients with a successful and proven track record. They haven't done any of this in a year which is why they are once again firmly behind everyone else
Ctea are relatively in the championship rather than the premier league compared to at least 5 others I could mention. Unless Guy ups his game we are feeding off scraps!
I'm happy with my investment here and the small decline in share price doesn't concern me. As stated a few times on this board and in the news it is only matter of time until the covid passports become compulsory and in my opinion this will be undertaken via an app on smart phones. As soon as positive news is released this will jump to new highs. Other companies in the mix I understand, however, ctea seem very well placed here. Good luck all