Very well could be @elzephyrus
What an outstanding update, there are some BIG things underway here by this micro cap.
This is largest quarterly sales to date and a excellent start to the new financial year.
Opex spending has decreased, but I suspect that is due to limited working cash on hand. - Which I strongly believe is what is capping this from taking off. Once the cash situation is addressed, I strongly believe we should be above 2c.
The trails sound extremely exciting and although they may not eventuate, the revenue potential is huge.
"Multi-national professional services firm working with a global beverage firm to remotely monitor more than 50,000 commercial fridges in Australia."
If CCP lands that - 50,000 smart tags would increase our CCV to over $9M.
And that's just one big player in a huge industry that CCP can penetrate into.
The market potential with CCP is very exciting.
With now over 100 customers, and some reputable named customers - we are well on the track to full commercialization and I think this FY will be a strong revenue year for CCP.
"The Company anticipates material sales from its White Tiger JV in Las Vegas. Investors are reminded the joint venture was announced in August 2018. The JV announcement included immediate contracts and implementation has commenced. CCP is now installed in MGM Grand, Bellagio, Golden Entertainment (including the Stratosphere Casino), Chef’s Warehouse and many other venues."
"Over the last few months, the team has added CCP’s monitoring services to long standing Koolmax accounts. As a result, CCP is installed in three major food distribution warehouses covering over 150,000 ft² and various landmark venues in Las Vegas."
My prediction for next quarterly will be $200-$250k in receipts.
Good luck to the loyal few who are in this with me, now let's get the cash position taken care off.
Cheers to all.
Add to My Watchlist
What is My Watchlist?
