Read the quarterly several times as I'm sure we all have.
Revenue not all that flash but focus is on Halo release this quarter.
Existing clients continue to place further orders. Cannot get any more validation that the tech works ie Traffilog
Looking forward to Halo replacing the Multichannel to aggressively hit the OEM market.
That being said, the C4ISR market is massive and in the billions and this is where Rider comes into play.
2 x African countries not doing a POC but deploying Multichannel/Rider etc. I wonder what % of their respective armies are deploying this? At 150kUS, imagine if the current take up was say only 10%. The tech clearly works or it wouldn't be deployed.
So plenty of scope to hit armies etc - if its good enough for the Israeli Defence surely it is good enough for other countries.
Medicase - 6MEuros over 3 yrs - circa 9.6M AUS - contract still live or would have to Ann material change.
Each batch of 50 smartcases 500kUS - another 2 to be delivered in'19.
Escrow selling has been disappointing and yes, there has been selling from a former corp advisor.
I suspect the revenue Q4 will surpass Q1-3. That is my opinion.
Exciting times (other than the sp)
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