Last 4C was $68k revenue, this 4C has $41k. To me this shows a loss in customers for their current .tv service over the quarter. Probably finding that the service is sub-par, as other HC users have pointed out.
The $100k was mentioned in the last quarter as something they would receive this quarter, so at least that's confirmation that their healthcare offerings might be worthwhile and that they are moving in this space. This could be what saves the company - if they can produce something worthwhile for the healthcare sector.
The 3DCloudTV stuff looks even dodgier than it did before now - if they dont get $50mil in bookings, the acquisition doesn't go through. They say if it goes through, the initial order would be a major milestone for the company. There's no certainty to it - they don't say it's going to happen - just that if it did, it would be good.
They borrowed 3 mil recently and spent 1.8mil this quarter. If something doesn't change fast, they're going to need more money again. This is very much a watch and wait situation for me.
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