We have installers, school districts, and casinos buying into testing this technology out and we are hearing great reviews. What do people expect from this last year? Venues, schools, etc. have been shut down? This technology is for large public gatherings which we haven't been able to have. If you think artificial intelligence will continue to grow and there is opportunity in the public security landscape, I don't know how you don't look at this company and see value. DYOD. My opinion. Another biased shareholder who recently picked up more shares.
I think bringing in a new CEO was the right call. Not to downplay Martin's value and what he has done because he has a lot of high level security experience. He probably truly understands where public security lacks from his government roles. COVID-19 didn't help but I think he got into the weeds too much with the possibilities of this technology. Like mobile detection. Those could be great plays but as the new CEO has stated we need to focus on where we can drive revenue NOW. R&D will continue and should as they continue to collect data and have hardware advances. With the COVID-19 aspect added to our platform I just think that facility and venue executives will take a hard look at this technology as we open back up this year. Also, you don't think Xtract's government contracts aren't helping us build out this technology even further? And Bill Magnis, former Johnson Controls Exec, was brought in to make this work similar to how Johnson Controls runs a lot of their business. Do you think they use their own labor to install their manufactured equipment and systems? They do but a lot of it but it is partners too. Regional & local mechanical and electrical firms. That is what Patriot One is still trying to build out as well. They are building partners as they dial in the technology/offering.
Good luck to all and cheers to 2021.
