There are a number of issues facing the company, which they need to deal with immediately
- The Company’s Loan Funded Share Plan is hurting the company's financial fluidity and needs fixing as it is a bad look.
- The company needs to advise it has not been involved with shine contracts and the company is still on track with what is has said “Knowledge IQ is real with existing Tier One customers – by June 30 2018 we expect recurring revenue of $200K+/month with 30,000 users on the platform”
- Is the company still on track to deploy its knowledge management platform, KnowledgeIQ, under present contracts
The company has to distance itself from the hype around GetSwift pre contacts or shine contracts other company's may be involved with.
This is a company with A$6.1 mln ($4.94 mln) contract from Singapore Telecommunications Ltd and its Australian subsidiary, Singtel Optus Pty Ltd
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