further updateI attended a show and tell put on by Greg Johnstone shortly after the IPO. In attendance were brokers and some other investors. Most of us. had no clue what Greg was talking about however it did come across how excited and enthusiastic he was about what Carl was doing. I am retired and a late comer to computer and internetspeak so struggle with understanding some of the terminology thrown around regarding Carls activities.
In general, I can say this company has suffered from inability to communicate its business model to shareholders and getting the ear of potential clients. Unfortunately, its not sexy and requires some attention to detail to grasp the concepts. As Denzel Washington said in "Philadelphia", Tell it to me like Im a six year old.
Here are some explanations:
I think its worthwhile to understand Carl and ask lots of questions. Nathan Rudyk is approachable. Each contract is not that big but do provide good monthly cash flow.