I was super busy yesterday and only read the headline part of the OHM announcement.
On re reading it, the most important parts are in the detail.
"Pepe’s Supermarkets has completed an installation of Buddy Ohm across 80 temperature/humidity monitoring points + 17 electricity monitoring points, to monitor and predict electrical failures across their cold storage chain in Trinidad & Tobago."
"Back in April 2019, the Company conducted a substantial restructuring of the commercial business, including significantly reducing the Buddy Ohm sales and operations team. Having reduced that team down to a single sales manager operating out of Miami, FL in support of the Latin American and European markets, management is very pleased to be delivering sales growth across both regions while still minimally staffed. Further details on the Buddy Ohm commercial business will be provided in a New Year investor summary to be released in mid-January."
Perhaps Mr Market also took a day to digest this news!
BUD Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held