From the most recent announcement, there looks be some promising catalysts coming which may relight the fire here.
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- 13 municipals and business wishing to trail SenSen parking AI
- Upcoming 'Gulf Traffic 2018' conference in Dubai in Dec
- Meeting with government representatives and businesses attending from Emirates
- SENGAME 3.0 POC with UK, Macau, Australia and Philippines progressing well and now moving into casino gaming floor with multiple tables, after this stage is completed it is anticipated that licence agreements will be executed.
- Discussions with 12 casinos for SENGAME (US,Europe, Canada, South America and South Korea) about the process of implementing a trail
- SenSen gamining teamtraveled to Macau in Nov to showcase SenGAME to a further five large casino operators
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Couple that with partnership with Cammegh
And the eConnect partnership
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FY 2018 record revenue of $4M
Smart and lucrative revenue model can provide significant reoccurring revenue:
Finally I highly recommend listening to the following interview with Subash where he talks about the early days in SENSEN and how he built the company. He has invested years into this, during the interview he talks keeping the company afloat using his own salaries from other income jobs when starting out - this highlights his passion and dedication to what he is building here.
Watch here:
Subash Challa | Its Me Talk Show | Exclusive | Me TV
Lastly the BoD recently recruited ex NSW RMS Executive Director, Peter Wells.
No doubt he will have some connections to pitch SENSEN's ITS products to councils and government tenders.
Market cap under $50M with approx $5M cash on hand, average quarterly OPEX $1.8M.
Upcomming Catalysts
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