ABCE update DD 10/4/2018
I received a call back from David (IR) this afternoon. Long Conversation, got a lot of questions answered I think board members and stock holders have been looking for.
First off, I asked why the company has been so quiet? A lot of us have been calling and leaving messages looking for answers. He replied, that ABCE is extremely busy with expansion into new markets and the opening of new offices (will be operational shortly). Expansion coupled with trying to hire more employees for their overwhelming amount of business, and trying to complete projects in a timely manner has left no time to sit down and take phone calls.
I then asked how the SPI convention went last week. He replied it was a wonderful opportunity to target new products and new clients. It is an event he has attended multiple times and looks forward to every year.
Following answers are to OS, RS, Oasis, and Company Guidance
Current OS 495 million as of 10/1/2018
The OS has not changed since their filing of the Pre14c. No shares have been added to the market. (Trading has been entirely retail since the sell off IMO)
S1 Financing with Oasis and RS
S1 financing has been filed and completed. Expect a release with further detail anytime. The Reverse split is happening and stock restructure will take place soon. (no specific date)
Contracts
ABCE has another million dollar Commercial contract lined up. They are fairly certain it will be a signed deal in a short amount of time. He reported they have completed a substantial amount of backlogged work. We will see this revenue in the following 10Q reports as Accounts receivable is paid.
QB uplist Status/Plan
As Soon as RS takes effect and ABCE stock meets the requirements they will uplist IMMEDIATELY.
Future Guidance
David told me nothing is certain and things can always change. He said the following information is a guess and can not be held accountable. (covering themselves legally)
Company is progressing very fast and as of 10/1/2018 have received $3,000,000 in revenue, surpassing their 2018 goal. He projects ABCE will do $4,000,000 to $5,000,000 in revenue for 2018 and will turn a profit for the year of 2018.
I received permission to share this information as it is public knowledge to any investor he speaks and hopes to connect with more shareholders tomorrow and next week.
