Sonasoft Corp (SSFT)

[rbirdy]

After reviewing the last earnings report, I believe Sonasoft has the potential to see record highs this year.

This past year involved a pandemic which led to a large decline in sales, reduction in staff, and a lot of dilution in the stock to raise funds to keep the business afloat.

However, with the last funding raised before end of the year, we should see a lot less volume for selling the stock and more buying demand as sales start coming in. They mentioned the need to ramp up the sales team and this doesn't happen unless they are predicting massive growth. Based on the numbers they shared, I'd estimate that they are expecting a large increase in AI sales.

One thing is for certain IMO, we will see the sell off begin to flip into large purchases since this is fairly undervalued based on the growth model I'm predating. I based this model off of similar startups in their space and Y/Y growth.

Cheers to a better 2021.