Thursday, March 29, 2018 11:21:45 AM
Appears that dilution is already taking place, but with the price holding over $1 it doesn't look quite as bad.
I'm interested to see Q1 revenues and see if all of their recent PRs pan out to anything. These were all potential Q1 revenue sources:
French contract - $2million over 4 years.
Order from Japanese firm
Spanish Civil Guard
German Armed Forces - 3 year contract. First order of $10,000.
"New Asian Customer" order for $85,000. That is roughly 1/5th of their revenue for the entire year of 2017
Brazil pilot program. According to the PR, Brazil paid $10,000.
New US distributor for US Armed Forces
All of this should show a significant revenue increase in Q1 and that report is due mid-May. The US distributor is one of several over the years. None has produced much of anything.
Their website is still idiotic. None of the recent PRs shows up anywhere on there. www.touch-know.com is no better.
What are these alleged "new products"? Wouldn't THAT information be beneficial to shareholders or customers?
This PR is mostly fluff, but at least it is understandable.
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