AVA 4.76% 11.0¢ ava risk group limited

Ann: Multiple contracts won for AVA Risk Group's Ai-X fibre tech, page-23

  1. 908 Posts.
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    The collaboration with Mining3 finished long time ago. Mining3 has submitted the last report regarding to the Aura IQ algorithm in 2022 and moved on.

    Now it's up to AVA to sell the technology, which hasn't been going on very well, at least not as great as the company has been expected. In the older presentation slides, the company projected $50M revenue in 3 years.

    Those slides are gone along with Aura IQ in recent presentations. I think it's safe to call it a failure. The management has moved on and we should do the same as shareholders.
 
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