History repeats itself with the IT sector.
Remember Provenco and Cadmus? Both boasted of huge potential deals in the pipeline after closing a few initial ones (Provenco actually closed a monster deal with Petronas) but never managed to close any others after that. Bled to death supporting beefed up staff numbers and software support teams.
Sp in free fall now - down another 13c to $1.53. Looking like a big insto or two looking to get out.