I agree my friend looks what's coming
Second Half of 2016: Strong Sales Growth and Additional Channel Partners
The sales cycle for a sophisticate IAM program is about three months. Looking ahead into the second half of the year, we have been focusing primarily on mid and large enterprise sales and anticipate announcing new major or key customers in the weeks and months ahead.
Our fixed costs are quite low for the Company with the industry's next generation of IAM software, and we anticipate becoming profitable in the near future.
We expect to sign and announce other important, major channel partners in the weeks and months ahead in Europe and US.
Strategically, we are occasionally approached and actively evaluate prospective merger and acquisition opportunities. Because previous to IDdriven, as CEO of a successful IAM company named BHOLD whose sale to Microsoft I led, I am often asked about the potential sale of IDdriven to a major software, cyber security or channel partner company? All I can say at this time is that, while we may occasionally entertain an offer, your Board of Directors believes we have an extremely valuable company and is committed to our long term business plan that envisions near term profitability and strong long term earnings growth as we begin capturing share of this rapidly growing marketplace.
AI
