The first 3 months of 2022 form7s talked bout finishing up software updates and products and getting a few opportunities. New deployments not discussed. Nothing was reported that indicating revenue would increase. But the form7 for the month of April (published in May) described launching CU track in Michigan and completing the deployment of 750 hardware units with Peak Performance. Meaning there were a full 60 days for someone to purchase a car from either the credit union or car dealerships and include an IGEN unit with that purchase. If they can't make any sales in 2 months the company has problems.
I believe the 10Q is going to show that Chan is growing the company and is not a typical penny stock CEO. But this upcoming 10Q is the line in the sand for me. It has got to show an increase in revenue. The bar is very very low. The last quarters revenue was only $46,000.
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