Finally strong management decisions...Yes, Q3 was not great, quite disappointing, but it is also a reflection in the rear view mirror. Finally, we have strong management that is making the tough decisions to ultimately turn this company around. The activist shareholders have used their weight to restructure the board, and place the right guy in the CEO suite to cut expenses to the bone and ensure efficiencies that will lead to positive cash flow and profitability. It's about time!
Previous management did plant the seeds to establish a unique foundation consisting of the base Guestlogix platform with the addition of OpenJaw. It is now time to exploit the platforms to garner both revenue and bottom line growth. I believe now will prove to be the low point for GXI valuation; in a year GXI will appear as a totally different enterprise, perhaps no longer independent as a result of the strategic review. Today's valuation is a buying opportunity, definitely not the time to jump ship. Patient investors should be richly rewarded over the next several quarters. Stay tuned for the Investor Day, December 1st.