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CCDDAY

08/19/20 1:54 PM

#6827 RE: iam4 #6826

Nothing about this company can be taken at face value. It’s been screw the shareholder at every opportunity with solutions and contracts that they can never seem to get paid on. But at least they did sell a couple of those locks.

iam4

08/19/20 2:06 PM

#6828 RE: iam4 #6826

Learned that PortalGuard is approximately $5000 per year (at 20% discount). The price is only loosely based on # users. This is at the 10k user tier, which is probably about as high as they go.

So I estimate that each of the PRs represents about $5k per year gross.

That is not a lot of revenue, and it explains why we don’t read about revenue in the PRs, and also why Mike refuses to answer these questions on earnings calls.