Prodigy Ventures Inc V.PGV

Very interesting company

[HenoftheWoods]

This company should have no difficulty attracting serious investors. It's in a high growth sector. Their services are in high demand.

In the Fintech business... they're partly responsible for implementing the Verifyme interface one encounters on many Canadian banking website when personal information must be transferred between websites.

Price to sale around one with 20+ million revs in current year, growing 15-25% y/y, PE around 25, profitable, no debt, 2+ million in cash, and with a dividend! -rare to see this in penny stock land.

Company employs around 132 people, of which the great majority are senior software designers and engineers. So it's a talent house. Sales force recently increased from 1.5 to 5 people.

I recommend anyone curious to listen to their informative investor presentation of a few weeks ago. They're talking about acquisitions... but they could well become the acquiree!

my 2cts.

Cheers.

[HenoftheWoods]

Hello Hen, how are you? Good, thanks, and you, Hen? Well, I'd be happier if the stock hadn't cratered to 12 cts per share over the last couple of months. No worries. Someone wanted out and this is what happens with these illiquid penny stocks. I hope you're right. Price to sales is now around 1/2 which is absurd. Yep, like your post. But the share price could go back up just as

[kaydeeh]

It's like a black box. Who are they selling to and what are they selling?

[winnerswing]

They recently developed fintech things, so we will have to be patient to see the results. Price has dropped significantly. I hope it is just due to the severe market conditions.

[winnerswing]

The cie was steady profitable some years ago. This QTR result is extremely embarrassing. I am thinking about selling at a BIG loss and put money into something better. This can go to 1 cent you neber know...