RE:Talked to Toddyaz1980 wrote: I had a chat with Todd two days ago and asked the following questions: 1. Why you did not land any ctract in Europe even after the partenership with Maidsafe. The answer is was exactly the same as the today's news release. He mention that they are adopting the strategy of education and raising awareness to let people know about the new regulation and how to comply with it. He also mentioned that it will take sometime for different sectora to comply with the new regulations and they are working on some contracts right now. 2. Why there is no dollar sign in the news release, as people could not estimale the revenue. Also we dont know the increase in the clients from month to month. He mentioned it is hard to disclose tnis information as they are agressive about the price of the service tbey provide. They give discounts to organizations as the number of clients increase. and they dont want to diaclose these information. He mentioned that the bottom line in this stage is to bigger market share and become well known company. So it is not a linear model. 3. When do u expect to reach profitability as the revenue increase quarter over quarter is not significant. He believes that based on the contracts they already have and the ones they are working on now and the expected future contracts, the company will be profitable by q4 2018. 4. Last question was about the currwnt share price. he mentioned that the share is way under valued and the main rwason for that is it linked somehow to crypto currency and it went down qith all other crypto stocks.
i don’t agreed with the last point about sp link to crypto. Had the company sign with bigger clients,
And contracts continuously sign every week like it used too; sp will be up. The biggest disappointment for me is how they hype the European regulations and how they ADVANCED prior to the start date. Zero contracts.
also, the education part will take serious time and resources and I think this worry some investors.
thanks for sharing info....