CM8 - What could be the positive catalyst?, page-69

Haha I guess I am. Their existing business units are still profitable though under pressure - full transparency known in the Annual Report.

Strategically they seem to be making the right moves into the influencer space, however influencers are the beginning it will lead to social media / digital marketing / programmatic advertising etc etc. I think they'll end up being a full service one stop shop for digital marketing of all types.

Then they have the CRM attribution platform / viewer verification work with the blockchain that could scale if it gets adopted by other agencies or end up being a little bit of a moat.

So from where I stand they are cash flow positive with a growth engine.

If they were looking to raise money continually while trying to get something off the ground I'd be very sceptical.

Time will tell, I wish I wasn't already in this though, much prefer to be entering a position at these levels etc.