CL1 rallying again now...looks like if you didn't get in at the 2.30's you missed the bottom.
this is a good price to pay for a growth company with a 99.3% retention rate, Low-capex, growing industry.
I don't have a problem with the strategy of nothing to pay until June 2018 to get the growth. Get the market share going now and once the customers are on the system they aren't going anywhere (the 99.3% retention again!) CL1 needs to increase the share now to generate operating leverage in the business.
This is a low capex business - the software is built! just make R&D improvements to stay ahead of the game, and have enough S&M to get the message out about the product.
CL1 Price at posting:
$2.75 Sentiment: Buy Disclosure: Held
