Not wanting to sound negative, although I believe I am realistic (as events have proven) but if they are still testing the KYC stuff, then we will still have some wait to go (could still be months). Following significant regression and stress testing, they will then need to complete their change management process before the code is ready. I tried calling Jason to get more specifics as to where they are at in the project life cycle and also how many Noetic guys are on the job however he is out of the office today. I will call him tomorrow.
One other thing - can anyone shed any light on a negative $591k labelled as "receipts from customers" in their 4c ann. Was that part of the arrangement they had with Soar???? or ? coz negative receipts can mean a whole bunch of stuff, none of it good.
So for the 2 and 10c SP dreamers - .... better not say but I hope you are not relying on this stock for your retirement.
MSN - great work on your proposal to the directors however, I know what their response will be - the same as the earlier request we had of them!
I have enough skin in the game in this stock to want it to do well but the directors are ..... and are in it to bleed shareholders hard earned.
BPG Price at posting:
0.9¢ Sentiment: None Disclosure: Held
