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Re: Lottalead post# 5606

Monday, 04/12/2021 12:53:48 PM

Monday, April 12, 2021 12:53:48 PM

Post# of 8765
I did not place the two SEC filings side by side to compare line by line, but I felt the most recent one did a better job of explaining what the company is capable of doing and what they are trying to do. I was also pleased by the fact that they indicated that all the projects mentioned previously are still in some sort of active negotiation--looks like no one has said "no," though they are still waiting for a final yes. With the departure of previous CTO, I speculated that they were abandoning infrastructure monitoring to focus on biomedical processes, but the more recent filing indicated that both were still on the horizon. (Today's announcement validated that)
I would still like to see some actual names and actual customers and actual revenues, but I have the impression the company is more active than it looks like from the outside, and that we have a better than 50% chance of getting some positive news.
I would like to give you something more concrete than that, but these are my gut impressions from a quick reading of the filing and subsequent announcement.
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