Very nice action today folks. I'm not making the same mistake again like I did with BIG and left more than $1 mil on the table. No stop losses - just focus on the fundamentals.
I like our CEO David Keane - he knows exactly what he is doing and has founded and built the tech from scratch and not by using some sort of low quality open source software. I must admit when I first come across BTH I have no idea what sales enablement actually is and it took me a little while to just grasp the basic concept. I wonder if the reason this is flying under the radar is because the tech is relatively new and hard to understand ? But that doesn't matter - what matters is that big corporations love using it and are paying good money for it.
This video sheds a lot of light for me. And the story about AT&T needs to be highlighted. They were looking for a solution that BTH actually provides and started off licensing for 200 users and now expanded to more than 10,000 users. They liked it so much that they wanted to resell our product. We're talking about a US$240 billion company using, recommending, and reselling our product! BTH has to be in the same league as SalesForce's products IMO - except in a different field.
Of significance also is that BTH was cited by Gartner as having the most comprehensive solution in the sales enablement market. When it comes to IT, Gartner (US$11 Bil) is the global go to for big corporations to get research and advice from. Very big deal for them to single out BTH.
So with BTH coming fairly fresh from a recent IPO with still $11+ mil in the war chest my guess is that the revenue growth should accelerate from here. BTH is a pioneer in this space and it is a new untapped space with plenty of room to grow. Their products are being used and endorsed by corporations big and small. They have expanded their sales team plus added major resellers. Hold tight.
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