Don't expect too much as it seems we have to expect a delay in regards to the pilot conversion to the real deal. During the webinar Amos indicated the signatures were just a formality and should have been achieved by end of June, hence the indicated webinar by end of June to announce that which did not happen. Not sure what the delay is about, either just that or the 3 pilots did not achieve the set goals. Revenue should be more than Q1, expenses, who knows. Without the compliance roll out W2V should be able to reach CF+ at some stage but not within 6-12 months.
MC and sp should be a lot higher but compliance is the real money maker and would open government's doors to cash in hugely.
It wouldn't have hurt to update us by end of June as that would have shown some TLC which is important when the sp indicates failure and disbelief. Let's hope all is good, about 3 weeks to go to the 4C.
No compliance or a long delay, sp at 0.5c. Bright compliance outlook, sp at least 5c. Time will tell.
GLTA
W2V Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
