The new contract with Phoenix Nanotech looks to be the biggest thing that has ever happened to IVDN in terms of revenue growth and sales expansion. Even just the $2 million minimum order that was specified in the initial announcement already exceeds IVDN total revenue on the books for all of 2022.
With 50 or more countries to be marketed to on the international front, the revenue growth ahead can be like nothing ever seen before here. And this will be totally deserved because IVDN does have a superior performance product that is very much needed today, especially across Europe where winters are very cold with fuel supplies diminished and costs rising sharply due to the conflict situation there.
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