Watch “a technology stock trading at 20%-25% of sales”
John McKimm, CEO, CIO, President and Director of Smart Employee Benefits Inc. (TSXV: SEB) (“SEB”), a company that provides SaaS and BPO health benefits processing solutions for corporate and government clients, in an interview with InvestorIntel Senior Editor, Jeff Wareham discuss as Jeff puts it an undervalued story with “a technology stock trading at 20%-25% of sales”. Over the past 15-18 months, SEB has completed a $22.5 million consolidation financing and has raised $7.2 million of equity, 80% of which is made up from insiders and existing shareholders. John explains SEB’s technology non-benefits and benefits division is now profitable and cash flow positive, which he believes will positively effect SEB’s share price and will get it back to where it was prior to the acquisition of Maplesoft Group in December 2015. He then goes on to state over the last year insiders and shareholders have bought over 80% of SEB’s stock and insiders, as well as himself, will continue to be key buyers in the company…to access the complete interview, click here
Disclaimer: Smart Employee Benefits Inc. is an advertorial member of InvestorIntel Corp.
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