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Bobwins

09/28/16 1:54 PM

#169404 RE: Bobwins #169398

CTZ.v +.115 to C$.59 another relatively low volume pop. Probably just a few investors thinking they need to buy all they can. Not sure they have achieved liftoff in revs and profits yet. With their sales model, they won't likely see huge increases in revs BUT the margins are so huge, any increase in sales volumes will lead to much bigger profits.

One benefit is that they have allowed their biggest customer, a big US armored car company, to sell their software under their own name. This allows CTZ to limit their need for a big US sales force yet still provides great margins when the product is sold. AND since most of the sales are in US$, CTZ gets a boost from the strong US$ exchange rate vs the C$.