Fair points. I can't argue with the much more detailed...

Fair points. I can't argue with the much more detailed information you've provided. With regards to what I had expected in order to justify creating value for shareholders, I'd just say that I expected more agreements signed over the last 6 months, in addition to what they had before/around IPO time. My definition of success over this period would have been for OMN to sign up at least several new major retailers to either use their e-receipts product or sign up to a network partnership agreement. This has not happened.  The names you've mentioned are all from around June period, or earlier. Cadillac Fairview seems to be the only new name that's come up since that time and it looks like it's just a pilot of a minor mall service (Santa booking) it seems.

Basically the fact that launching this pilot service with Cadillac Fairview - no doubt a low dollar value service to OMN - is one of the 'result highlights' for their main product (Live Receipts/Hadley)  in their latest presentation in my view sums up how they've been travelling the past half year.

Let's see what the next couple of quarterlies bring. I'm betting it won't show big % increases in sales, but I can accept that others are willing to bet the opposite.