NERDS ON SITE WKN: A2N94F ISIN: CA64082A1049 Kürzel: NERD Forum: Aktien Thema: Hauptdiskussion

Knallvogel 👋🏻

Huhu,ich bin’s !! Das gibt‘s ja nicht-nach einem halben Jahr schaue ich mal wieder rein und es sind tatsächlich noch ein paar alte „Gesichter“ da.Freut mich. Aber ich bin mit den Nerds bis jetzt noch nicht reich geworden-somit Ihr leider auch nicht😉-Schade! Was machen wir denn jetzt-zukaufen werde ich nicht mehr. Es hat sich ja eigentlich GAR nichts getan im letzten Jahr.Kann mir noch jemand Hoffnung machen das sich hier noch irgendwas tut? Schöne Grüße

... das wird dann noch dauern.

Wieder ich… hatten gestern neue Infos von charles: (sorry einfach copy and paste) Here's our conversation from today about the acquisition progress. Long story short: The auditing stage is complete with a couple flagged issues to address alongside the logistics required to be sorted. Charlie is projecting completion at year-end for all of this and should be ready for a news release & public discussions then. The first quarter was financially very good with increasing revenue… working on many different angles and partnerships. Neue Infos dann zu den neuen Zahlen… oder wenn die Fusion offiziell wird… Ciao 🫡

Nach langer Zeit mal wieder hier rein geschaut. Danke für die Infos, Eismann

Ich hab keine Ahnung, ob noch jemand hier drin ist, aber nur zur Info… der Zusammenschluss der 2 Firmen ist durch, wurde in der fb Investoren Gruppe so kommuniziert. Die offizielle Nachricht kommt bis Ende des Monats. Wer noch bissl Risiko Kapital übrig hat, oder doch noch den EK drücken möchte, dann sollte man sich das die nächsten Tage überlegen. Freu mich auf jedenfall auf die kommenden Wochen… hab immerhin meinen EK soweit gedruckt, dass sich das relativ schnell verdoppeln kann… Schönen Abend an alle noch anwesenden

Wer übrigens noch nicht Bescheid weiß… im Oktober wird die Übernahme der Firma bekannt gegeben… also falls doch noch jemand ein bisschen Risiko Kapital übrig hat, sollte sich vor Oktober noch eindecken… ich hol mir auf jedenfall auch noch paar tausend bis dahin…

Ja, wir hoffen weiter 😉

Neue Infos 😊👍

M&A expected to complete in October once audit has finished. - Acquisition is strongly positioned in the US with government contracts. 95% + of their revenues are from government contracts in over 20 states. - There is potential to leverage the acquisition’s competency to get more govt contracts (Canadian I assume) and they will similarly leverage NERD’s cyber security and SME competencies. Both have large opportunities to grow this way in US and Canada. - CEO of acquisition company will become the next board member. Shares issued to facilitate takeover will be locked for 2 years. - Acquisition target has between 9 and 9.5USD in annual revenue (about 12M CAD) and are profitable. Numerous new national business partnerships in place, with SME Edge installations being a focus here. New partnerships are coming in every week, at one point six in one day. NERD is bringing in more staff to facilitate this growth. Significant amounts of new SME startups due to the new post-covid business environment. NERD has a growing pool of customers. NERD now has 80%+ of revenue from SME and corporate clients (residual is residential). Cyber security insurance projects/partnerships are expanding, and revenue is coming in. For example, all 60+ insurance agents at Mahoney Group in the US are pushing the project and various expansion pathways from here. Rogers blackout “busted demand through the roof” for the SME Edge. No clients who were using the SME Edge (gold package) were affected by the Rogers blackout. Components to build the device at scale are locked in, the build process is being developed to be able to meet demand/execute contracts. NERD charges a 60% markup on Adam Networks device sales. Not much debt, so rate hikes are not a significant risk. Small amount of activity coming from Staples. No major developments at the moment but they are hopeful for the future if Staples can get their physical storefronts back on track.

4. Canadian Tire a. 35% uptick in revenue from Canadian Tire. 5. US Operations (current operations and expansion) a. Focus on SME front – step one is to add more nerds b. Planning on making moves in the cybersecurity insurance industry as noted above. 6. Uplisting a. One of the board members is an ex-vice president of Nasdaq. b. It has always been part of the thought process to uplist, and still remains so. c. There is a path to get there, it is just a matter of getting the parameters in place and a timeline is unknown. 7. IR Strategy a. Marketing and messaging is a major focus going forward in the next 2 to 3 quarters. b. Goal is to provide solid message flow at the appropriate time and with appropriate measures. c. Overall feeling from his comments is that although an IR team is in place, they are looking at other options to do better on this front. 8. Insider Ownership a. Around 56% insider ownership, plus whatever employees/contractors own (unknown amount) b. Seems lower due to a hold co, owned by insiders, not being accounted for in many calculations. c. Charles 28%ish d. Considering an NR to clarify these positions to the marketplace since there is uncertainty here.

3. Cybersecurity a. At the core, NERD is a cybersecurity company. b. Goal is to show the marketplace the risk and cost imposed by cybercriminals and the need for cyber security and to implement their SME Edge technology. c. Pilot program for SME edge has shown 70% adoption. Internal marketing program to start, then external marketing. Every current client is a prospect to implement this. d. Cybersecurity insurance brokers are a major target for selling the SME Edge. Cybersecurity insurance companies lost money last year. Insurance providers are going to stop extending insurance policies if their clients do not have a sufficient cybersecurity system in place. NERD’s goal seems to be to get major insurance brokerage to require their SME tech for their clients. e. Revenue from SME Edge is $399 to $699 per month (CAD) on a 36 month cycle. f. Link to informative SME Edge video shorturl.at/qxCV0 g. Expectation is 500 to 1,000+ installations in the near future. h. Inventory logistics is the main factor in slowing growth, as inputs to build them are coming in slow right now due to worldwide shipping issues. i. In 7 years, basically zero issues with security breaches when using SME Edge. This is essentially an insurance policy that ensures you will never ever be breached. Potential for this tech to scale is huge.

2. Staples a. There have been delays on Staples side due to various issues related to Covid that seem to now be coming to and end. NERD however has “all their ducks in a row” and is ready to go. b. Basically no revenue yet. c. There is however a new individual in charge of the Staples side of the partnership. **He previously ran Geek Squad Canada** so is basically the perfect person to put make this partnership flourish. He is currently putting together a new team and a budget for this and another meeting is scheduled. d. Plan is for Staples to ensure all SME clients know that NERD is their go to for consulting and execution of on-site technology. e. Overall feeling about the partnership is very good. Charles has a “renewed” optimistic outlook on what is to come from this.

1. M&A a. There is a financial audit of the potential partner which has been taking a long time. The acquisition partner (private co) has different accounting standards than NERD (public co), and therefore to audit their historical statements to the standards of a public co is a very time-consuming process. This seems to be the main hold up. b. They took the DD process very seriously which also took a long time. The majority of mergers fail due to cultural synergies, and they wanted to ensure the fit is right. They had been looking at different companies for a long time, and the current M&A deal seems to be with a company that fits they were looking for very well. c. They have had at least two meetings a week for about nine months now with this partner. d. Terms with the partner have all been agreed upon previously. Share price is not a factor. e. There will be a re-branding for the new partner to Nerds On Site. f. Dramatic cybersecurity opportunities with this partnership.