Getting closer to the Motopia revenue report promised by end of October.
What concerns us is that the cost of the type of services offered by Motopia/Cirralto (we correctly predicted the pending Motopia name change to Cirralto!), whatever those 'migration' services are (as we can never get a straight forward, dumned down for laymen, answer) is that the cost of those services are quickly becoming as low as 'free of cost'.
We liken it to the cost of producing a good web site not so long ago being several thousand dollars whereas today it costs a small fraction of that and the product is heaps better.
Motopia seems to be good at chasing a market that is progressively disappearing in front if it.
Only our perception as it's very hard to know what the facts are surrounding this very disappointing (to date) investment.
MOT Price at posting:
3.6¢ Sentiment: None Disclosure: Held