Still Very Undervalued, page-37

Thanks Quacka for the link. Very interesting. However I am amazed that the Investment Gurus (analysts) do not recognise CM8's greatest asset. They have over 160 mobile carriers who will directly bill Crowd's clients on their telco accounts. To obtain so many carriers is a major achievement and is clearly not recognised in the balance sheet. For any potential competitors this is a major hurdle for them to get over. Very time consuming and therefore costly. JMT