Re: forward focus; information here is both positive and negative , bypass if desired; anyone can read recent financials and assume a low volume, zero bid and current ECDC debt are relative to one another, and that this company has its share of uphill challenges if It is to succeed. The company is plainly acknowledging this.
Having been in touch yesterday with Verizon sales force rep, it is apparent that they have their own good assessment of this new busing product and it's safety, at $0.00 cost to school district and parent. This is separate and distinct from the fact that Verizon is already the contracted network / wireless provider. Not speculating here , as to how fast anyone can move, as all know; Moving new product into demand too quickly will out pace the capacity of a smaller company. Good results , can only follow increasing the scale strategically , if only due to the many hoops and regulations of child protection.
No one appears to be speculating beyond what has been recently reported by the company re: progress with software and hardware installs( which would presumably have followed S/C system approval by listed school boards/ districts, transportation admins , and anyone involved in marketing . ) Identifying that as traction/progress ; there will always be something in that , that Could be reported as a negative. That appears to go lockstep here with Any news. For this reason patience will reveal the proof in the pudding. And due to fins , it can also be seen a risk. Nothing new , requiring a decided risk tolerance.
I am not paid, not an advisor and all said here is IMO and up for dispute by other IMO. ECDC has stated its position on the risks and past to current rollout status.
