Cheers thanks for the link, great report. I invested mainly for industry fundamentals but should have been more skeptical given their vaugeness/constant use of buzz words without substance and inability to make any real progress. It's hard to sell a story to investors such as this next time a CR is needed.
I think they need to be very wise in how they spend their remaining 3.8m especially with three new exec positions on the books. Their job is to monetise these enterprise deals which will require integration with customer's internal systems and will probably be subscription based. Also as mentioned these are a longer sales cycle and maybe just one or two taking off will be enough to make the difference.
The website shouldn't be too expensive to run and sell the services to smaller businesses for a pay per click or subscription service but the rev from this has a much longer timeframe to be meaningful.
KYK Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held