"Microsoft will be providing Thred financial and technical support, as well as recommending Thred globally through Microsoft’s considerable distribution and business networks." - Indicates massive exposure, early support from Microsoft and huge initial download opportunity for Thred. Remember for Thred all milestones are download related. No better kick start.
"Thred has been selected by Microsoft to be a key start-up partner in the consumer and mobile space" - Insinuates Thred will benefit Microsoft somehow in their push for market share in this space.
"Microsoft have also worked closely with the Thred development team by using their Office365 graph API to provide messaging platform access (to) Office 365 data, this includes Microsoft’s mail, calendars and contacts to provide better service for business users." Microsofts business users is how this reads.
Tech stocks have been looking fairly sick on relistings lately. The tech market needs this one to fly and it may just have grown the wings to fly with that announcement.
PRA Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
