I am glad to see that filing is done too. Zen had started selling their system back in 2016 to residential customers but then shifted their focus to Commercial.
Enertrade, one of the acquisitions made about $2M in revenue. However, the acquisition was approved in March 2017 and therefore, the revenue can only be recorded as a subsequent event. Some folks here refuted when I mentioned this few weeks ago. And there we have it; $5k in revenue and that Enertrade revenue cannot be included for FY16.
The Company's commercial business has been of much more interest right now. And, Zen has successfully partnered with Oklahoma grocery and now AAHOA but not sure how soon and how much revenue it will generate in the near future. Based on the tepid amount of revenue, I would say it will be few years before we see the kind of financials that we have been expecting. Unless of course, the Management has some surprise in store for us. Just like any real business, for the ones who bought post $.025 share price, I would expect a few years of wait before we see some solid return on our investment. JMHO!
Zen!
$CHRO!!!
