It was a great effort by the company to secure the compass agreement but the biggest thing here is the amount of revenue? Over the years the company when offering ilumen trials stated they were paid trials but never specified the amount. When looking through the quarterly’s the revenue amount ended being enough to buy a salad roll without cheese.
The company in this instance stated it was a “material” amount but in my opinion the markey needs more clarity on the amount of revenue otherwise we could be on the verge of another capital raise at these terrible levels
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