Indeed that is the idea...
I have read the web site, their PRs, contacted them via e-mail and perused the latest quarterlies and the math doesn't add up to me.
Its my understanding each device connected has a fixed monthly cost of $10 for USALive. It should be easy to multiple the number of devices installed x monthly $ to get the recurring service revenue for the quarter.
I don't have the numbers handy, but I believe they stated roughly $200K in service revenue for the quarter (should equate to 20,000 devices), but I believe (and hoped) e-port installations were far higher than 20,000.
Please correct me if I'm mistaken.
I also see the stock has now drifted below its 52 wk lows (pre-split at .09/sh). The much lower float takes it away from the traders. Where/why/when/if does it stop bleeding?
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