Based on when the contracts were signed, that's unlikely IMO (too close to the end of the quarter & takes time before the money starts rolling in), filing the 8K is a positive sign in itself. They didn't spinoff the company to close the doors. They have a good management team & they've successfully negotiated some big contracts & have a good business plan. I expect the next quarter to be of interest IMO
The problem we have here is that in the spinoff, people received free shares, so some have been willing to sell at any price, but once they start booking revs, many will take notice & re-evaluate their positions
I picked up those 18.6 million yesterday, this is not a quick flip investment, but those patient enough could see significant returns here
Best of luck,
TL