Spoke With Todd Hey Guys,
Just thought I'd share some of my DD from today. I had a great chat with Todd, I had some questions but I also just wanted to get a feel for the company and how they value investors so I was really pleased with the quick response to my call and for him to take a ten minutes to answer my questions. He's a friendly guy and seems very honest and upfront. Here is what we covered:
1. Profitiability by Q2 (conservatively)
2. Marketing dollars will continue to be spent aggressively. He intends to grow exponentially, and believes they are past the organic stage.
3. Blockchain is going to used in products that they will offer as an "add-on" to their existing plans (additional revenue) and will be used to verify data integrity and even prevent wire fraud.
4. The relationship with Qubechain is very strong. The offices are close-by to one another and he regularly meets with Rees in person to bounce ideas off each other. (This was important to me because of the re-seller agreement)
5. The idea of selling more individual subscriptions is something they are prepared for - it is just going to take time for the general public to see the value in this type of software. Education is key and Identillect is invested in this as well.
Hope this is helpful, Thanks,