Ann: Quarterly Activity Report and Appendix 4C, page-9

I haven't posted on this stock since April 2017 and nothing has changed! Can't believe this company is still capped at ~$50m!!

If you annualised the quarterly cash receipts ($165k *4 - almost what Steve gets paid!) and multiplied by 10x (the top-end of where these companies trade on revenue multiples) this stock would be worth $6.6m!! And sorry, this stock is not in its infancy now.

I do not understand (can anyone guide me?) on how their "product manufacturing & operating" costs can be ~$1m/quarter, yet user numbers are stuck at 13k and cash receipts $165k?? Something is seriously wrong here.

My other issue with DUB is they are so fixated to "telco numbers", when my experience in this space tells me they should be fixated on ensuring/supporting conversion to users at the telco. A $4-$6/month per user charge for a telco is peanuts and hardly worth their time, so working with them to sell is SO important. If they have 29 telcos how are they going to manage this process?

Someone is doing a great job talking this story up, while holders are doing a great job continuing to believe.