Vaso Corporation (VASO)

[OBrien]

Sorry, I just got back from Vacation. Took a nice cruise to the Bahamas and didn’t pay for internet. Really didn’t want it for a week, was kinda nice!

VASO is incredible cheap but we need to see signs of improvement before a move will come.
I don’t recall them talking about short term deferred revenue specifically in the past so maybe this quote from the Q1 give us some hope...

“Therefore, at the end of the first quarter, deferred revenue in the segment increased 8% from a year ago to $20.3 million, of which $15.2 million was short-term, as compared to $9.1 million a year ago, a strong indication that equipment deliveries will be accelerated in the following quarters."