Is 1-Page going bust?, page-53

Hi MATE, I was rushing at that moment actually please check
page 4 of the quarterly ann on 1June yesterday

"Our average contract value has continued to trend higher and we expect this will continue as we continue signing large customers. Revenue is also trending upward as we ramp up collections from new bookings. Revenue recognition will improve as more clients are onboarded to Source 3.0."
"The deployment of Source 3.0 and new in-demand functionalities such as Affinity will help to drive demand and ultimately new bookings for 1-Page’s differentiated offering. The renewed focus and investment in our sales organization should lead to accelerated growth in new bookings for the remainder of the year."
"Over Q2, the majority of new and existing clients will be fully onboarded and revenue will ramp up, which should reflect customer demand and new bookings contract values by the end of the quarter.
Lastly, the Company believes in prudent cash management and is reviewing operating expenses (including executive compensation) with a plan to reduce monthly operating costs to below US$1MM within Q2. "
From the bold and underlined sentence, we could see very positive view over the coming quarters. Revenue will accelerate and ramp up.
Meanwhile, the cost will be controlled below US$1MM a quarter, ANNUAL cost would then be US$4MM. And the company has $41.2 M in its account, that is why I would see based on such cash burn rate, 1PG can sustain for 8 to 10 years even without any revenue. That is my calculation.
And then the revenue is actually expect to ramp up fairly quickly soon. So the conclusion is 1PG is way undervalued!!!!!!