Spot on, whilst a revenue announcement - if its ever recieved - will likely give the SP a little boost, just enough for a CR .. it wont be until the quarterlies that people will start to treat it seriously.
At that point, they will be able to see what $3m revenue costs the company. Its concievable that it costs them $2.95m or heaven forbid, $3.5m to provide the services. How does the gap get funded .. bank loan, directors loan, capital raise.. lots of options. But its going to take multiple, material contracts .. where the customers actually end up paying their bills (somehow the other paying customers never did end up paying) before this thing properly moves up.
At current prices, the company is valued at a tad under $30 million. A pretty tidy sum, for a company that throws millions of dollars out the door each year, has lots of idea, IP and products, but so far no actual customers. .. the lack of actual substance in these threads, whether its financial discussion, product use cases, competitors int he market etc just demonstrate that this is 99% a speccy traders stock. Its liquidity and constant new stories, promised customers and rebirths has meant its lasted much longer than I would have expected TBH .. but that just means more trapped holders along the way!
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