This seems like good news at the start but then after reading a bit everything is very vague...
They say “Have commenced generating revenue...” but won’t really tell how much revenue they are generating. As far anyone is concern the number could be $1, $100, $1000...and so on. Very vague in nature in addition to the fact that they are not dicslosing who these contracted customers are. This is especially peculiar considering that they mentioned “contracted customers” and yet they wouldn’t disclose them despite the fact that it would be advantageous for them.
The $1million figure is also approximate annualized revenue but they wouldn’t disclose within which period. Is it going to be in 2018, 2019, 2020? Again very vague.
Very smart fluff announcement, I have to admit, but nothing more than that I think. I need to see the financial reports to know more and how the revenue is being generated. Is it from usage? Or from a one off manipulated item? Lots of uncertainty...
Ann: 3 Diamonds Nano-Satellites Generate First Revenues, page-31
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