The real news was in the last sentence of the first paragraph - "a significant first order for hopTo Work from Japan." That order should be over a thousand licenses. I'm waiting for it to show up in the rankings.
ChildPlus is used in most Head Start agencies across the nation. I saw a how-to blog post on the spiceworks site dated Feb. 19, 2015 stating the advantages of using what is now called the Max Cam feature to read bar codes to track attendance and meals in ChildPlus. Most likely, this was the customer that motivated hopTo to include that feature in the newest version. Apparently, not a done deal since hopTo Work is not yet mentioned on the ChildPlus website. Well, the post was created over two months ago so I hope we see an announcement regarding ChildPlus soon.
It may not be when a client is signed but rather when a potential client is giving the app a tryout. The tryout could last from 15 to 30 or 60 days, depending on the size of the potential client. I'm interested in seeing what the ranking is in today's update. It hasn't been posted yet.
Under "What it can do" page, the email feature was described as "Coming Soon!" - just like the Web Browsing feature. Now, the Web Browsing feature description still says "Coming Soon!", but the email feature does not. We may be getting an updated version of hopTo Work very soon.
The "risk" I was referring to in my other post is the risk of violating the securities laws, i.e., purchasing shares while in possession of insider information. You couldn't see that from the context of my post? Hmmmmm....
Yes, as you know, that same concern was brought up by a long time investor in what is now hopTo. It has bothered me also in the past. But, if you think about it, I'm not all that surprised at the lack of share purchasing by the insiders. At this stage of the company, there is a lot information they cannot share publicly. Things are happening very fast over there. During this period, do you think there is ever a time when the insiders could purchase shares while not holding insider information? So many times after a question there would be a pause as the officers seem to be discussing what they should or should not share publicly. If I were a director, I would not purchase shares either at this point. Just too risky.
Not taking offense, I just object to your bias analysis. An objective observer heard the explanation as to why sales are going slower than expected. I wish they had given more detail as to why the app does not "fit" in the smaller businesses but they did make clear the larger customers were attracted to the software, which means a longer sales cycle. They also made clear the completion of certain deals was imminent, along with the announcement of other partnerships.
They just released 2.0 with the MAX features last week and I finally found it on the App Store just yesterday. Maybe you believe the development should have been completed earlier but that is a different issue. Personally, I was surprised the MAX features were completed so quickly after the first release of hopTo Work. I didn't expect such development to occur until much later. Ironically, the promised features have taken longer to develop and the surprise MAX features (a much more important advancement) was delivered very quickly.
The fact is the company has had little to no time to develop sales with the current product that includes the MAX features. There is no reason to have confidence or a lack of confidence in their ability to sell at this point. Thus, your snap judgments on hopTo's sales team seem suspect as being due to either laziness or willful ignorance, or an agenda to bash the company in hopes of obtaining shares at a lower price. I welcome legitimate criticism of the company based on a fair analysis but I do not welcome knee jerk reactions that have no basis and just clutter up the board.
HopTo is not going to change leadership so I guess you'll be packing it in? You can follow rockbottom out the door today. That would be two low value posters gone in one day. Excellent.
Those are certainly YOUR words and not theirs. It appears you are trying to mislead on the negative side so you can feed at rock bottom. This Yahoo message board is already a low information board but I don't want it turned into a misinformation board. Eldad isn't going anywhere. As one caller noted, he is one of the best salesmen hopTo has. Thus, maybe you should run along and sell your shares today to put your investment dollars in a company with which you are more comfortable. I doubt your "contributions" to this board will be missed. I could make a significant list of the positive things said on the call but I really don't want to encourage you to stick around.
At least that is what hopTo tweeted today. The tweet made it clear the announcement wasn't concerning the webinars. It could be hopTo will announce an Android version, but I'm not sure I would classify that as "BIG". Maybe it has to do with a major partnership or merger. I don't know. I guess we will have to see.
On second thought, maybe the Android version is ready to release. HopTo is giving away gifts to certain lucky ones that attend the launch and tech webinar. The gifts include the Apple Watch, iPad mini, and the Samsung Galaxy. Why would hopTo give away an Android device if an Android version of the app wasn't ready yet? I guess we will see.
The upcoming webinar on March 31 is advertised as the launch of hopTo Work 2.0. I don't know what new features will be in this new version but they are sure making a big deal over it. The webinar is scheduled to run for about an hour and 15 minutes. That is a long time. I'm pretty sure it will include the promised email feature and likely the web browsing utility. There may be more. I understand hopTo is also going to put on a "Tech Webinar" on April 7, just a week later. There are no more job openings so they have done all their hiring. I doubt they will have the Android and iPhone versions ready yet but I hope those versions are coming soon. It sounds like a lot is happening in the next few weeks.
For the more serious investors, this product is becoming very interesting. Based on tweets from the company and its officers, it appears the vision for hopTo Work is to become an "Alpha App" that integrates other apps through the new feature to appear in iOS 8 called "Extensions". This would be a huge step for hopTo Work to become the dominant mobile productivity platform. They are already leaving the competition behind with the ability to turn any Windows app into a touch friendly mobile app. In April, hopTo says it will release a new version that will map keyboard shortcuts of a Windows app to buttons that can be labelled. Hopefully, the new release will also include the email feature and the web browsing feature.
Some of the short term traders on this board might want to just sell their shares and move on. The management is clearly in this for the long term (meaning a year or so) to develop this product well enough for a buy out for at least 200 million. I'm hoping they will be able to get 500 million for it. I believe they are in the right place at the right time. They have plenty of protection with their patent portfolio. So far, things are lining up nicely.
Small countries with spikes to 12 and 13 respectively in hopTo Work downloads under the business category. Cayman Islands shows up almost daily, with much lower ratings, around 300 to 800. Other countries (like Russia, Costa Rica, Bolivia) come and go. US hasn't shown up yet. Sales are being made all over the world. Significant features continue to be added. The personal edition with its limited features ranks consistently in 150 to 153 countries a day. Who knows how many users there are but we do know there were already 500K users in March of last year after only being out for about 6 months. So, there has to be way over 1M users by now. If hopTo did an upgrade on the consumer version and charged only $1 (they could probably charge at least $5) a year for the app, that would be at least an extra 1M a year for hopTo. I think the future looks bright here.
Go to Investors page of hopTo website. Click on Events and Webcasts. Click on 27th Annual Roth Conference. Click on Listen to the Webcast. Click on the link in the pop up window. Register at the Roth website. Enjoy the show.
1. Almost all Fortune 500 companies have many legacy applications not mobilized. hopTo can make them usable in the mobile environment. (This is a huge deal in my opinion.)
2. Customers are larger than expected - significant pipeline already - ramp up time needed
3. Patent portfolio is extensive as they started in 2010 - intended to dominate space - other competitors may be limited accordingly - a core asset of hopTo. (This is also a huge deal in my opinion.)
4. Multitasking feature is unique and significant
5. Security feature is unique and significant
6. Can integrate device camera right into the legacy app for scanning and photos. This is a significant feature to many potential customers.
7. Eldad spoke of the email feature as though it were already a done deal.
8. The sales numbers and other progress reports will be amplified at the March 31 conference. I can't wait. :)
Thanks for letting us know of the slideshow. It looks like a preview of what hopTo will present tomorrow. I'm surprised they are going so quickly to transform any Microsoft application into a touch friendly mobile interface. I did not expect such quick progress on that front. I can't imagine why companies would not want this product. A lot of bang for the buck.
Good find Flash. Apparently some Windows remote application uses the iPad camera to read barcodes and QR codes to track products or manage documents. or identify items. It definitely looks like a large enterprise is planning on using hopTo to equip employees to do their jobs more efficiently. I doubt hopTo would take the time and money to make such improvements if a significant deal wasn't waiting for the end result. I'll check to see whether there is a spike in the downloads of the app in the next couple of days. Hopefully, all other companies using the same remote application will want hopTo also.