Keep the faith. I spoke to Keith Glennan for the first time last night actually. Extremely intelligent. He knows the IT space inside out. A real highlight of my week actually.
Tesserent grossly undervalued. Compare Tesserent to Covata which just released its 4C - $31k in customer receipts for the quarter and a market cap of $37 million.
Yes, $31,000 in quarterly revenue and market cap $37 million. WTF? Mr Market cannot have valued both Covata (37 million) and Tesserent correctly (9 million). One of the valuations is wrong.
Once Tesserent becomes operationally cash flow positive it should have no problem getting institutional investors on board......until then.....patience.
TNT Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held