Alif rehabilitates after collapse in 2011
It’s taken almost 3 years but Alif is at last poised for a comeback in 2014.
These are the signs of the recovery (see web site for details):
- Restructuring to the new business model is complete
- The company is attracting new clients and private investments from Europe and greater China
- Delinquent customer accounts and litigations are being settled
- The CEO bought back more than 50% of the common shares which gives him the flexibility to execute his ideas without hindrance; The remainder of shares are in the hands of a small pool of investors
- The CEO brought back his key technical guru as CTO; the previous CTO was more into marketing and blue sky thinking, not what the company needs at this point.
Things Alif needs to do to improve shareholder value:
- Start posting news releases on the Alif IR web page
- Develop a plan for becoming SEC compliant
- Alif’s propriety software is difficult to use and not easily deployable in corporate environments. The CTO should transform the AI engine into a middleware application that can be seamlessly integrated into data base modules and management systems applications. This will provide the most value to Alif and its clients. Using middleware is currently a high growth area for companies involved in big data analytics and all types of intelligence software, e.g., Fraud & Security, Business and Customer mgmt.
- The CEO needs to stay focused on strategic goals and not get distracted by new wow-wee technology like smart phone games and silly apps. The AI middleware platform is where the company needs to be. The CEO should develop strategic alliances with companies like SAP, Oracle, Teredata, PostgreSQL, etc… Alif is uniquely positioned to deliver high-value AI solutions to the corporate marketplace.
