Recovery Play17 Feb 2018 10:36
IMHO they on the verge of turning this company around,
The basics are now in place : Staff and premises costs cut to the bone. Directors either taking no salary or vastly reduced in shares. 50% cost reduction in bandwith/product costs. Vast improvement in customer experience, new website and only offering profitable products with 50% reduction on year on year churn.Vast improvement in website traffic and conversions with full launch happening now!
Then there is the focus on their niche in the market charitable donations :
Staying true to the Company's strong belief that its customers will always be its best advocates, we are investing in strategic partnerships with Charitable Organisations and Platforms. This will introduce TPO to new audiences which are receptive to its unique market proposition. These partnerships will become a major part of TPO Mobile's marketing plan moving forward.
 
Current Partnership discussions Include:
- Charitable Partnership with one of the world's largest and most respected registered charities to increase donations and complement the organisation's efforts across the US and UK
- Product Innovation in Partnership with a major Social Network to involve members of the online community in a tailor-made product offering
- Influencer Marketing, using influential people to help spread our message in an authentic way
The above could well be the game changer boosting the company profile way more than any marketing campaign it could launch on its own.
Barclays have obviously seen the business plan and possibly know which charity ( not oxfam) and celebrities etc have been in discussion as well as the social media platform.
They liked it so much that they extended the 1m loan repayment to 2020 instead of calling it in after the fundraise.
The SP is on its arse but offers a good risk reward imho. The company have set their sights on triggering the warrants at .28 and a few name drops just might get us their very quickly.
GL.
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