XF1, Is a human resources technology company.
Currently building high client acquisition growth,through officers in Sydney, London Oslo and Toronto. Basically they check employment references faster and cheaper with less chance of fraud,with their technology.
If they can continue the current trend without increasing expenses, (which they say they can) share price should increase dramatically.
Estimated cash outflows for current quarter $3,690,000 Current cash sits at aprox 12 million.
I have held a small position in XF1 for a few months,will add depending on half yearly.