CRO 2.33% 8.8¢ cirralto limited

Ann: Appendix 3B, 708A Notice and LR 3.10.5A information-MOT.AX, page-15

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  1. 1,857 Posts.
    Completely agree mumbil.
    I've gone back over the Open Briefing in detail.
    See below diagram. Highlighted sections are standout items for me.

    1. Growing Revenue mentioned!!

    2.. Microsoft Azure mentioned twice. This is the only place I can see where the 'growing revenue' referred above would be coming from at this stage.

    3. Telstra mentioned twice. Revenue couldn't be coming from here since there no commercial arrangements between MOT and Telstra I could find.

    4. And in the very last highlight, there's a very small and hard to read reference to a "Flash Convert". Again I can't find anything on previous MOT announcements whatsoever. So digging a little deeper there is a Flash Convert website: http://www.flashconvert.com/how
    And low and behold the logos for Flash Convert & Convert2U are identical. So got to be same crew behind them. Yellow pages also puts them both in West Leederville

    If there is a relationship between MOT/Flash Convert then this would be huge. Why? Because the price Flash Convert say they can convert to Xero is phenomenally low.

    Also the fact that the open briefing mentioned Xero three times and makes reference to accountants surely can't be coincidence.

    Anyways this is all I could find. If only one of the four points above became commercially interesting, MOT would be a chance for a rerate. I

    $7m mkt cap not that high compared to other emerging techs that are producing revenue. eg
    1PG - $55m mktcap (revenue year to date $94k)
    TV2 - $32m mktcap (no revenue reported)
    NOR - $25m mktcap (revenue year to date $470k)

    Anyhow $40k worth of stock traded nothing to get too excited about. They really need to elaborate on their 'growing revenue' comments.


    MOT.jpg
 
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