Member Info for Andre01

The future is not a retrofit unit. It also cannot track as much relevant information. You can get the same as commercial walk in Freezers. You guys just don't get it. Technology waits for no ****en one. If you cannot sell productise and sell yours quickly, the entire market passes you by.

https://www.samsung.com/us/explore/family-hub-refrigerator/overview/

Fridge Freezers already being sold with IoT inbuilt.

I'd expect it to be a monthly recurring revenue, at least 1 quid per device per month would be a good start. That's 50k a month after 18 month rollout period.

calm down.

Biggest Frustration - there is a big market opportunity, however PSL are just not taking advantage (based on evidence to date - 2 years, no customers, Software not up to scratch), and the risk is it passes them by. That is the biggest risk.

Read the RNS for the last 2 years, they keep repeating the same thing, as yet no outcome. Reminds me of plenty other AIM stocks, irrespective of their industry. NUOG have been promising an imminent deal since Jan 17, have diluted twice since and that imminent deal still hasnt materialised. Plenty of other examples on AIM.

TERN are the only ones to have delivered from around 30 stocks I have tracked for 2 years. Maybe N4P but that has been sold down as well.

They dont have anything "until they do" which is a contract in hand with clear revenue figures, it's been threatened for 18 months, and hasn't materialised, until then you lot can ramp away but those are the facts.

It is a 50/50 scenario at best.

Oilfinder your response is totally childish as you dont have an argument. No software has a 2 year sales cycle. LOI do not mean anything in a the software world and are not even common practice. I work for a $2bn company that was worth $50m 3 years ago. Thats Enterprise Software sales, high growth, take advantage of a market. Shelf life for disruptive enrerprise software is 2 years before someone else comes to market and delivers a better offering. As I said your post was total ramp BS.

We as in my company not PSL

The oilfinder What a total codswallop of a post. 2 years mate remember that. No software takes 2 years to sell. Halcyon was announced in May and if it was that great, contracts would have been on the go that week. We have signed large enterprise customers just on Beta versions. Everyone just needs to calm down.

Just for clarity I could have an end objective, to get their there are many steps. Deployments is the goal, signed customer come before that. Signed clients have to be RNS'd. So without this mass deployments is still an aspiration, a realistic one with unfortunately no defined timeline but lets hope its soon. Just dont ramp when there is no need. We are in a good spot, now have to wait it out.

Calm down featherbourne. There is no contract, he is referring to mass deployment as an intention not fact. Its only a fact once a contract is signed. Its like a start up CEO claiming we are focussing on becoming a Billion dollar company when they have revenues of 20m. Aspirational rather than factual.

Lets just leave him to get the job done. Everyone can wait a few more weeks.

Dear XXXXX

I am signing off from responding to emails that ask question that if answered would give insider information. I am sure you understand.

As someone posted my email address on the bulletin board I have upwards of 25 emails per day from people asking the same things - its taking a significant part of my day to respond.

I will be focusing on the key objectives (mass deployments of the cloudBMS system that I have laid out as a key next step for the group) and we all agree is important to the company and the share price

I will update the market when I can via RNS. Don’t take this the wrong way but I won’t be answering emails such until something happens !

...Fair response but also think it's not anytime in the next 3-4 weeks.

I still think it will be after mid August.

Your book is wrong. I can get plenty at 0.305

Croatia have been average AF ladt 2 games and dont have Harry Kane up front. As long as we man mark Modric, we are good.

Imminent in AIM can mean years. If there is no timeline range then have to assume the worse.

Sycric, are you a bit thick? Any enterprise solution takes months and years. Just getting roll out plans agreed can take months. Contract and legal review months. Also a big part of this will be whether James can get to decision makers who can say yes or no, whilst a business case maybe sound people unfortunately dont buy on that alone, Ive had customers not sign despite savings of north of 50% because they had other things going on. All I am saying I have more Enteprise Software Sales experience than James and sales cycles for multi hundred k or multi million pound contracts can take months and years in some instances.

If the product wasnt ready then the start of the real process is after it is. So walking them through it takes months.

I run a large software sales team. (SaaS). We recently signed a large client 10000 users and the sales process took one year for £1.5m a year revenue contract. The legal and paper process took 2 months, around 40 meetings. A £300k a year contract can sometimes take just as long. I just dont see anyhing happening short term (2 months) if it does great.

Why is 18 month roll out an issue. This is Software as a service and that is where the revenue comes from. Lets say I sign up a customer for 3 years. If I take 18 months to roll out that customer, I am not fully activating revenue for 18 months, so its not a 3 year revenue contract at 100% value. Only 18 months is. The initial 18 months are phased and not at full capacity. True SaaS, is buy today activate tomorrow which drives TCV to be higher.

It broke out technically, it will close that massive technical gap.