No, that's not the issue, krusty.The issue is that for the past...

No, that's not the issue, krusty.

The issue is that for the past 18 months or so the company has been in a technology development/diversification mode that has taken longer than expected. I'd go so far as to say the original tech 'box', while having all the undoubted attributes of Harvest's core proprietary technology, was quickly superseded by advances in customer requirements especially but not limited to needing drone/remote tech solutions in a cloud-based offering. This significant tech upgrade initiative unfortunately happened during an extended global bear market that has been market-wide, with a severe impact in the small/micro-cap space. Especially for emerging companies trying to build consistent diversified revenue streams.

It is quite clear, to me at least, that with this update Harvest has turned the corner with a technology that is now tailored to meet the requirements of an increasingly discerning and diversified global customer base. It is also clear that the scale of deployments is increasing. If the $750k in August is anything to go by, this should also translate into turning the corner in revenues. The problem wasn't that they couldn't sell their products and services, it was more an issue of having products and services in a rapidly changing environment that customers want/need and are prepared to buy at scale.

That challenge appears to have been resolved, or is in the process of being resolved. With a commitment to monthly operational updates, they must be confident of having material progress to report as the many initiatives outlined in this report progress through the various stages to contract and implementation.

More patience is required, but IMHO Harvest is looking better than it has in a long while.

As always, time will tell, but wouldn't be surprised if the bottom is in.