Here's what will happen:
He probably WILL announce another deal before year end. It probably will be with Silorex for more supply of Perk.
But it will be as vague as the first deal: no names, no indication of what kind of company it is with, and little detail on the product(s) they will be producing.
That's because they don't want you to know the kinds of deals they are making.. if you knew the truth the stock would crater IMO.
Revenue is good but if these are minor deals - and so far that's what the first deal looks like (almost certainly was with Polariton), shorts are going to have a great year in 2024 because longs may be able to hype it up thinking these are large revenue deals, but when the results come in in April the stock will crater.
$450m market cap for a company that shows a few thousand dollars on the income statement -- the shorts will finally have numbers that validate their doubts. The company can mitigate this by making progress with Foundries and transceiver companies and announcing something in those areas, but so far it looks like they are bogged down with problems based on what they aren't saying.
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