Just less than a year ago, I scratched my head and stared at one of the new catalist IPOs.

It seemed like a terrible joke then, and I think I was as unsubtle as I could possibly can then. These were the comments I made then in response to news of its IPO:

And these were in response to enthusiastic but illogical potential shareholders:

I’m guessing this dude ain’t so enthusiastic now.

Of course, even TTI is not infalliable. I gave it 5yrs of existence. It now seems that I was being way too generous.