Finjan Holdings Inc (FNJN)

[lbcb123]

At a previous investor conference they stated that in 2017 they expected to begin charging a nominal amount each month on a subscription basis. I think $5/month was a number thrown out as being in the range up to $10/month. They also hoped to do some sales on an enterprise level and possibly get it bundled with a carrier.

I recently saw them state they had 100,000 downloads. It has really good reviews at the Google Play Store with an average of 4.5 and the vast majority of ratings being 5-stars. This is a great improvement over past versions and it appears that the next gen will definitely be worthy of being monetized. I was pleasantly surprised after just checking the ratings as previous versions didn't fare so well. They must be getting good press from somewhere to get so many downloads. Hope they make some minor tweaks and release a subscription version next quarter!

We already know CybeRisk revenue was weak, but it will be the number of recent clients acquired that will matter there. At recent conference they stated CybeRisk could generate "millions" in revenue by the end of the year so it appears they are just hitting critical mass. This market cap is nuts with about $65M still to be collected, but it is when the two business units become accretive that this really takes off.