If this company does make a switch to the TSE or more importantly the Nasdaq, then I believe that their share value will most likely double immediately.
IMO, when the other potential profit streams are brought on line, the revenue projections will seem extremely conservative. Some may accuse me of hype, however one just has to look to see how many other Internet companies are posting a profit. There are very, very few. They have a good model, governments like these services, and because they are a proven success, the Provincial, State, and Federal Governments will support them wherever they can.
Again, it is rare to find an Internet company which has the unique problem of having to pay tax on profits. Their business is focusing on an area that makes sense, our children will need this service, and it helps to solve a greater need. It is not fluff!
Crazy Canuk |