Yes, you are right on as usual. I am surprised you haven't given up and sold your shares and left after failed delivery of contracts for so long. Just watching it fizzle away??
At this point this will either have 10+ FINKit contract in the next 8-12 months and be valued at 6-10x higher in a year or no contracts and perhaps purchased for $30-$50 million for its patents. I believe the former.
Yes interesting. MyVoucherCode has value but is not the reason I am invested here. FINkit is why I am here and I am awaiting that break through. Pearson is working on multiple ventures and may have personal reasons of moving his money. This explains the significant pressure on price we have seen. Personally I see this as the bottom.
Is it? The right product, the right time, the right partners.
Yes, behind schedule on contracts. Yes, cash burn still there, although much slower.
In my conversations: Interest is high for FinKit among banking institutions. FinKit achieves needed changes well and in a timely fashion. The right partners have been integrated within FinKit.
Contracts will arrive soon and share price will then reflect it. For those that have held on for a while during this reformation I am not sure this is the time to walk away.
Best of Luck!
The lack of cheerleading is a positive sign. Not expecting anything ground breaking tomorrow. Small chance that they were saving a FinKit contract announcement for this.
I do agree that if you have held through this massive sell off that now is not the time to walk away. We have a product and a need. We have the right partner in IBM. 2-3 FinKit contracts and we are off to the races. Banks make these decisions slowly. Slower than most of us anticipated.