From the quarterly;"We estimatethat over the course of the year, Indago representatives presented to in excessof 120 potential customers, oil samples were received for independentlaboratory testing from approximately 40 different projects and 13 field trialswere conducted for 8 potential customers”
I think many a technology company would love the sales funnel that INK has been able to establish for this year.
Some of these projects are huge and should bring revenues (with high margins) many time the MC.
Any one project can bring company in +ve cash flow.
I have not seeing a story like this for a very long time.
Ann: Quarterly Activities and Cashflow Report, page-11
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