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Re: tedpeele post# 1359

Tuesday, 07/29/2014 8:11:03 PM

Tuesday, July 29, 2014 8:11:03 PM

Post# of 2351
I can only base my opinions by fact. I could care less who the CEO is or what he's paid as long as there is performance. I wouldn't give the old CEO an A but Freedom increased almost 300% last year and I invest in companies that can hit hockey stick growth curves. If the trend doesn't continue then investors should lie the failure solely at the feet of the new team.

In particular, since the company cashed up in Feb, the revenue trend should be accelerating since they have the $$ to invest heavily in staff and marketing. My understanding and concern is that the company has done no product marketing at all since Feb. and this will reflect performance ( both revenue and share price). As far as sales hires are concerned the new CEO hired at least 3 or 4 last year so investors should be seeing results by now and its not reflected in the news. The new hires seem to be management types. Hopefully Q2 will be outstanding and my concerns will be alleviated. As long as USCIS does its 50 site deployment in Q3-Q4 as promised by the CEO then Q2 doesn't matter much either.

By the way the new CEO has provided different revenue targets every time has appeared. Do you know which forecast the company is sticking by?