For those holders who have been here since MYA days, it is...

For those holders who have been here since MYA days, it is pleasing to get what appears on the surface to be good news.

Notwithstanding that, there are still no $$$ numbers around what this means. How much does NET actually earn from the sale of 1 licence? Does anyone know? If someone has some clue please share.

If they make $20 a year from a licence then 12000 x $20 = $240,000 a year. Value at 5 times revenue and you have a market cap of $1.2 million. No-one is going to be excited about that. Let's be optimistic and say they make $100 a year from a licence. Market cap $6 million. Getting close to break-even cash flow. Still noting to get even mildly excited about. Let's go wild and say $1000 a year. Market cap $60 million and share price around 6 cents. You see where I"m going............. It's going to be a very long time before long term holders get even close to break-even. Sad but very true. Good luck to whoever picked up 15 million today. I wish that was me.

I won't be getting excited until there are some real numbers around what this means in actual dollar terms. I don't give a stuff how many contracts they have sold or partners they sign up. They've been signing up partners and selling the product for years - and last quarter they got $6,000 of customer receipts!!! It seems everyone who signed up previously got it for free - government agencies in WA and USA, universities, local govt departments etc........

At least it sounds like they won't be going broke tomorrow, and that's a good thing.

I welcome plenty of discussion