Yeah the wording is favourable "provide financial and technical support to Thred" but does that only relate to a one off Azure credit or is it more an ongoing type of financial support that Microsoft will be providing Thred? What does that look like? Will MS participate in the raising?
Technical support I'm guessing is regarding the integration with Microsofts suite of products. But they have already been doing that for a while now?.. Maybe it's front/back end support to integrate microsofts business client base products with Thred?..
It makes complete sense that Thred have struck a partnership with Microsoft given what Thred is meant to do.. I can't believe I was so blind not to see it coming. They obviously need access to email "MS Outlook" along with access to phone contact lists (Apple IOS etc) plus all the major SM players need to gel into the communication functionality of Thred..
More partnerships Anns coming?
I'm just relieved we look like we will hit the starting line now.. Was sketchy for a while there..
PRA Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held