From my conversations with Mr. Chan over the past few months it sounds like the domicile to Canada is needed in order to execute their plan for the Canadian market. Mr. Chan did not directly say that but That’s what I inferred. I’m not sure what that plan is but I know the company has a ton of ties there so I imagine it will be big. It’s also a perfect market for ALRT because of government health care.
Mr. chan did say that the plan is to roll out in a handful of markets initially (India and MENA obviously already in process) and than concentrate on on those markets and revenue before trying to expand worldwide. He said they hope to announce more markets/agreements soon.
It’s a very smart plan because getting market saturation in a handful of big/key markets will fund all future growth and can be used as an example of the systems success. Trying to grow too big too fast is always a mistake imo.
I think we will see everything we’ve been waiting for over the next 6 months
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