Ann: Family Zone partners with The School Locker, page-22

You're forgetting the 5 mil strategic investment recently announced, and 1.6 mil in customer receipts is high for my liking. I still think they'll be raising money on the back of a nice stock price run (less dilution for the same amount of raised capital) near the end of this year or at the start of CY19.

Having said that I'm not fussed about it. Their product is brilliant. Their ability to build business relationships on multiple levels is exceptional (from highschools to goddamn Vodafone to goddamn multi million unit device manufacturers). Lots of reseller etc. agreements are coming into effect at start of CY19. September to December is the busy period. More global agreements to follow. I could go on about the factors that indicate this stock will run well in the next 12 months but that will do it for now.

To be clear, I don't think the current MC (62m?) indicates a severe undervaluation at this point in time. I'd probably have it at 75m given the natural uncertainties around the agreements they've signed to date, the agreements they're yet to sign and their future performance. But once more things slice into place the stock price could increase substantially.

All signs currently look good.

NIA. GLTAH and NH. DYOR.