Yeah it is. Will either turn out to be a flop or a sweet little money spinner...!
We need more market updates about revenue creation instead of strategic tie-ups.
What makes this tech solution stand out for me is the fact that companies will be able to subscribe to Manalto's software solution and blanket maintain, update and control all social media updates and releases with one capable staff member rather than having to pay a social media team or contractor. This will save them money, time and human capital, which is what every company in the world is looking for and what the IT revolution is supposed to be all about. Any new IT solution to the market is going to take time to get taken up and then integrated into any companies IT business practices, especially within larger companies where it would have to go through a whole bunch of interested parties and get all the checks and approvals given. I am sure that if Manalto's offering can save money, time, labour and give users the advantage of being able to launch a social media update over all of the major social media outlets (Facebook, Twitter, etc) in real time, it will only be a mater of time as to when we will see market updates from Manalto on positive revenues.
It will only snowball from there.
Having said this, the biggest question I have now is - how low I can keep buying this little bad boy for with all of the goings on in China, Greece and Wall Street (their whole trading platform going down...are we seeing some massive coincidences going down here or what?) and how high the market cap will get to once we do get the snowball of market releases starts happening.
MTL Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held