Underwhelming. That's about it really. No discussion happening...

Underwhelming. That's about it really. No discussion happening in this forum. That says a lot.

Page 17 sows the seeds for a disappointing revenue outcome in the next year or so "Shift from developing low margin footprint via hardware sales to VSN 2.2 lowers short term revenue but enables faster adoption of NaaS which delivers much higher margin".

I listened to the meeting. The Japan IoT lab was established mid-2019. After 2 years of operation and testing and testing and testing they have $50,000 of revenue. Guess that's not going to be the next big thing then.

They are still getting ready for the 'go to market' in Greece, whatever that means.

It seems they are relying on cutting costs to make the books look better. That's sad really. Unicorn. Disruptive. Fast. Efficient. Simple. Cheap. Award winning. Surely with all of those credentials, boosting revenue should be front and centre - not cost cutting.

So we have to wait until the next 4C for "guidance". Pretty sure that guidance will be the usual disappointment.

Given the 4C is over 2 months way I believe there is a good chance the SP will slowly but surely go back to 2.0 cents, and possibly lower, as holders just give up on this business while it decides whether it is going to succeed, or fail. IMO.