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Form7 and first quarter 10q coming up for may. Will be a big summer here.
By June we will be at a penny. Dont worry MSU.
Maybe website down means the merger is coming!
Imagine if everything chan has said is actually true and it's just taking this long...
Hey i know the guy. And those words sound familiar.
Also has anyone tried igennetworks.net and gotten some security authentication error on mobile?
10k preparations started in December form7...
Igen isn't drowning in paperwork...
Prolog must be involved somehow.
Should be out this week or Monday latest?
Still feeling the 10k being delayed has something to do with the prolog audit.
Speculating is fun so I'll try too
I highly doubt chan has been building this patent and planning on enforcing it with no idea how to fund it.
Patents are purchased all the time. Without lawsuits.
And to kw: perhaps chan has been building the infringement case since Jun 2022.
Happy Easter.
That was my intuition in regards to the patent as well. I truly hope he knows what he's doing in these regards as my knowledge of patents and their enforcement is limited to 0.
Chan must think the patent is going to be approved soon to be focusing on enforcing the portfolio.
Good things happening this year.
Old record
318k recognized with 291k deferred isn't too bad.
136k in 2023 already from deferred alongside all the potential customers. These markets take time it isn't just a product sale...
There's a lot of active tranches here..I'm going to stop posting here though because I'm confident enough to leave it alone now.
For a 2 million market cap tenth of a penny stock with all this going on I'll take some millions and move on with my life now.
Good luck to all.
You should have sold when you were green my friend.
There's no RS coming . You need a perspective change.
Hope the form7 mentions prolog just for continuity and utilizing their revenue for our filings lol.
Pretty happy with their outlook for 2023. Lot of mention of the patent and pursuing insurers but I have no idea how that works in the shorter term.
3600 government vehicles and up to 170 credit unions through existing channels would be amazing.
3600 vehicles is over 1M revenue
170 credit unions is 7.5M to 20M
Bold claims to go from 300k to 8.5M+ in a year. But maybe the ground work is almost done. Lot of seeds to grow.
I'd buy more down here for sure.
I'll give them all of 2023 to make some ground on cu track and medallion..
Big numbers chan put out.
170 credit unions potentially 45 to 120k each
namely the Association of Credit Union Executives of Puerto Rico (ASEC), comprised of approximately 90 Credit Unions and 1M members. In addition, with the successful deployment in the Upper Peninsula region, Michigan Credit Union League Service Corporation (MCULSC) is expected to expand CUTrak services amongst its members that represent approximately 80 Credit Unions located in seven districts. For each Credit Union program participant in 2023, revenue contributions are estimated to range from $48K to $120K annually per branch depending upon the number of car loans granted during the fiscal period.
Any thoughts on this... 10 million in revenue maybe?
Lots to look forward to here as far as upcoming and new deals for 2023..
Doesn't look like were going to be going anywhere but up.
Ah yes 136k for 2023.
We did see a mention of the Michigan credit union for the first time in a long while. So that's good news.
It does seem to be that were just in a very long turnaround type of market. Credit union tech and government fleets...
Ya they did mention 291k deferred and 136k to be recognized in q1 so not too sure how the accounting works there.
What?
Dilution shows as a sell t trade.
Somehow 27m shares were added last week. Did we even have that much volume...?
We may be here a while it seems.
45k q1 90k q2 and 165k q3 is 310k so I guess nothing was earned in q4 or it all got deferred or something...
I'd still like to see the actual 10k but he does make it sound like our q1 is going to look impressive...
Might be a growth year finally.
Still a better buy than innd
MSU
Re: None
Wednesday, 09/08/2010 7:50:47 PM
The risk reward at these price levels will be in upward of 1000% in the coming months.
We miss you MSU. Come home.
I believe we will see a significant YOY increase from 2021 that should help us move out of these bottom prices.
We bottomed out revenues in march 2022 and have seen a near doubling in revenue from 45 q1 to 90 q2 to 165k q3. A q4 of 300k would put us near pre pandemic levels of revenue for the year; with a lot more channels picking up.
If we can get to a 500k threshold of revenue we are easily above our current operating expenses and can start to build on profitability and reducing our accumulated deficit.
One big customer and it'll all be far in the rearview.
Overall still optimistic and positive about the direction were going given comparable otc companies.
Hope this helps your disappointment.
I can't afford much more hope here but given that we've been seeing 10k in preparation for submission for the past 3 months in the form 7s..
He wanted to include prolog revenues from the audit in our 10k perhaps.
I looked at previous years filings and did see a lot of NT 10q/10k that were filed the following Monday and then that allows for 15 days so april 15th latest to post the 10k.
Looking into our financials I really wonder what happened December 2021 where we incurred almost 2.5 million in operating expenses in comparison to almost every other quarter being 150 to 250k.
Anywho... I don't think the company is giving up anytime soon. Innd is running a 13.5 million deficit after clearing 6 million for 2022. At a market cap of 30 million with a quarterly share increase of 100 million. And a ton of convertibles on the books.
I think were still on good hands here comparatively and good news is en route.
I guess it's not coming today. Yeesh... I was so excited too.
Hope we see the filing today... we can't afford a filing fee... Haha.
10k not coming today? Don't they need to file some sort of late form if so?
Or do they have until end of day
10k and form7 on deck. Must be a PR in the near future too...
Prolog revenues will be recognized 100 percent. Wonder if the intent is to have them included on our upcoming 10k.
It did say after the definitive agreement so maybe not but it would sure look lovely to see.
The reason there's no volume is cause no one is selling or buying.
The floats locked. There's volume during dilution because they're all instantly bought up.
10k in 3 days.
Looks like we wait for the 10k to hear anything. Should be out next Friday.
Boring week
Think this happened last year... no PR til the 10k it was a dry dry few months...