I am of the belief that the company will give us some sort of update in relation to revenue/sign-ups/related numbers before the quarterly.
The quarterly is up to (nearly) 7 weeks away so I wouldn't be surprised to see at least one announcement before then.
The company has done all of the hard work in setting the platform up and signing up the PTA as a partner.
Now it's time for the income to start rolling in.
The great thing about the position that we're in right now is that once they report the first batch income, it will be great news as it will validate the concept and business plan and create some excitement.
The follow-up revenue announcements will be even more important as they will need to (and should easily) show growth in revenue which will excite the market.
For example: first announcement, revenue = $1, second announcement, revenue = $3, third announcement, revenue = $10, etc.
Of course these numbers will have a few more zeroes behind them - how many, I am not going to guess as I have no idea at this stage and would only be guessing, but if management's excitement is anything to go by, then it should be very positive.
ESN Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
