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Wednesday, July 30, 2014 11:08:44 AM
Or at the failure of the old team to lay a proper foundation for sustained growth beyond the initial bump. I'm all for hockey stick growth and voiced concerns after the 1st quarter didn't seem to reflect the trend in place. But numbers don't answer 'why?'.
<<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.>>
lead time..again...
<<My understanding and concern is that the company has done no product marketing at all since Feb.>>
What PR did you find this in?
<<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.>>
I don't recall seeing this in a PR either. If you are getting insider information you really can't expect those who aren't to agree with assessments you make based on it.
<<As long as USCIS does its 50 site deployment in Q3-Q4 as promised by the CEO then Q2 doesn't matter much either.>>
Where did you hear this one?
<<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?>>
I don't recall different targets being forecast.
RE his performance at MACE. All we can say is he failed to meet his projections there and that is a reason to be cautious with his projections for VSYS. Unless you know the industry MACE was in inside and out there isn't much more to say. Whether he learned from his mistake and is better at projecting now, or if he has a chronic dis-function when it comes to making projections, we can't say yet.
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