Another good announcement. Unfortunately the market doesn't...

Another good announcement. Unfortunately the market doesn't actually care about these types of announcements with words like:
- Initial tests
- very promising
- pilot project
- eventually
- work with to deploy

We have had so many announcements full of these words and about what might happen (if things go well), and so few about actual, locked in, money in the bank sales. Yes, iSoftstone have contracted for 100,000 VINs a month. This is a very good thing, notwithstanding the fact that if NET get $10 a VIN per year then those 100,000 VINs represent all of the $10,000,000 estimated revenue for next year. Without that contract what do the numbers look like?

Don't get me wrong, I am very appreciative of the fact the SP is 15 cents and not 2 cents, but we have been getting these 'what might be' announcements for so long that nobody cares - look at the response after the quarterly - or actually look at the complete lack of response. It will be interesting to see if there is any SP response after the AGM. Unlikely IMO.

The only announcement that is going to make a difference is money in the bank. Given $10,000,000 estimates don't impress anyone then I'm still backing early 2021 for exciting times.