Hi peejayhercules, I am personally really exited about where this can go.
There is so much happening at the moment I cant keep up.
I think people hear about less investment coming from China and think we are no good. However now that we have our own office in China. We have also got a partnership with I think its Funlee Real estate, we have recently installed our software and completed training with their staff. They have around 70 offices in one Provence in China (population ~14 mill).
As I mentioned earlier we are gaining the connection of Fang Which is the biggest real estate porthole in China.
We are different to the rest. Our software is installed anywhere and that allows any real estate office to sell Ibuynew properties (fully automated) to their own clients through our website.
They have had one off expenses to set things up, but are really expanding now.
Melbourne, Sydney, Brisbane, Adelaide, Perth & Gold Coast.
Cant wait till we have our latest acquisition and its full steam ahead.
There is so much more going on that this. Their plan is to go global and I think they have the goods. Having studied software development at Uni I can see the value of tech meets real estate.
So much more I could say on this, but I wont. Still want to slowly build some shares and don't expect it to do much untill the new deal is signed off on. It will be though, because management own nearly half of the company.
Have a good one and enjoy the ride
Pat
IBN Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
