HTG harvest technology group ltd

Ann: Harvest Receives Binding Commitments for $6.78 Million, page-26

  1. Dje
    1,216 Posts.
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    Let me know if I am wrong if 85 Licenses generates 2.5M Annual recurring revenue then 1430 licenses in the pipelines will generate over $42Millions ? But they are targeting to achieve 1000 licenses by the end of 2022 that’s still $30Millions, Total vessels(Licenses) from Speedcast, Inmarsat and other partners have 90,000 vessels (Licenses) that’s huge, Apart from that harvest has successfully completed the proof of concept to integrate with Webex by Cisco platform where over 6 Billions of calls connected every Month and Harvest have No competition in webex platform 1/3bandwidth used by harvest compare to webex standalone So the revenue will be in many Multiples in short period of time.Anything else am i missing?
 
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