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Post# of 353136
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Monday, 10/05/2015 3:34:45 PM

Monday, October 05, 2015 3:34:45 PM

Post# of 353136
$NXTD The most significant accomplishment in Q2 was shipping the first batch of pre-orders. The company will recognize some revenue ($110K) for the quarter with the rest falling into Q3 due to the 2 week return period. Production level Wockets are in the field and being used. Initial indications are for an 80% success rate which is very good given the incredible diversity of POS devices and terminals. The company expects to get this up closer to 90% with some tweaks and software updates.

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