Strake Inc (SRKE)

[Chief-money]

Their revenues and margins are what will drive it higher, doesn’t feel like they are executing on their plans so far. Europe only generating $400K per quarter. But cut them slack as they only been live biz since beginning of year. Europe unit will need to get traction and US launch should benefit from them getting business kinks out with other countries. Lots of potential but they will need to execute. One thing that bothers me is I heard their comp plan for sales reps is complicated. Everything for mlm company needs to be simple and easy to understand so it duplicates easily from rep to rep.