Visium Technologies Inc (VISM)

[FlipFlopopotamus]

How did you get to a dollars projection? I tried doing DD but i clearly do not have the aptitude for real analysis.

From their 10-Q: They had $25,000 in revenue in Q1.

3.1b outstanding shares with a 40m market cap. Seems high.

Their military tech isn't generating money apparently:
"Our license agreement with The MITRE Corporation includes a provision for a royalty payment on revenues collected of 6%. As of March 31, 2021 we have not generated any revenue related to this license agreement."

I know that there's been insider buying by Lucky and Grbelja, but it's only $29k. VISM has 5 employees with $261k salary expenses ($348k annually), so I suppose that $29k in 20% of their salary. That's bullish I suppose.

Are they investing or playing games though? There's lot of action in the 10-Q around the .01 range with things relating to notes, stock compensation, and warrants and etc., Couldn't they just be bidding the price up to meet certain goals as opposed to actually investing? I couldn't understand any of it.

When is the next earnings report?

They've got partners, but where's the money? Do we know the specifics of the relationships with:
tenable
splunk
nutanix
logicworks
aws
datadog

Disclosure: I have 1.8m shares at .011avg.