ImageWare Systems, Inc. (IWSY)

[awalkinthesun]

Agree stock market is fwd looking, this would be a complete shift from a 20 year non profitable corp to a very profitable one (gross revenues in high 70% to low 80%) with $12M-$14M for breakeven.

$17M would equate to a hell of a lot of users enrolled in one year and would mean analysts see IWS/partners enrolling more users than previous cloud / on device competitors have to date enrolled by a good % increase. Again USAA Daon took years to get to millions of users. IWS's FEMSA has been a slow go, past pilot but over a year later the user base is not significant (good proven use case though).

For that to occur you'd need multiple partners hitting contracts soon (2-3 months), or this Fed Id mgmt project having tens of millions of users and the telecom and fn service corp ready to go past a proof of concept..

Assumes IWS/Partners would have a quick implementation period for contracts this year (assuming most if not all the customers would have performed a pilot stage previously).

Massive scale is possible through IWS partners but key question is when will the partners actually secure sales and move fwd. Many seem to be stuck in perpetual wait and see...

What is the potential market IWS can capture? overall bioemtric market is est. in $20B by 2020
https://www.linkedin.com/pulse/global-biometrics-market-projected-touch-219-billion-2020-/

Can IWS gets its act together and start to sign contracts and really scale users with their partners?