Very pleased with the report though it is confusing to a non-accountant what it all means and where it all stems from as there is a lack of detail. As an LT holder I am not concerned.
Unfortunately I think the market is and I can see these prices staying for awhile. At least until the next quarterly. The point of inflection seems to have been reached but the jump was only 4 pips before it started to slide again. Calender year Q2 and Q3 should change that, in my opinion. Also, announcements of OTT activation and TATA launch should also do the trick. Until then I can wait.
My predictions (hence of little value) for what they are worth:
In Q2:
- TATA launch
- Signing up another telco
- $400,000+ in revenue
In Q3:
- OTT launch
- Signing up yet another telco
- $600,000+ in revenue
BTW, DYOR, IMHO, FMD its back to waiting
Very pleased with the report though it is confusing to a...
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