Ann: Investor Newsletter June 2023, page-2

I've just read it. Another timely announcement to help shareholders keep the faith. A flurry of small orders have been coming in, not game changing so no announcement, but at least they have sales. The clear expectation is they are building inventory and a sales and production team capable of managing $100m in sales per year. SaaS is running at about 12% of cashflow, and while some large orders will presumably lower that %, its a measure of how significant the annuity income stream will become as orders are pricessed across dozens of countries.

Its another upbeat message.