A fairly flat quarter which is not surprising so I am a bit bewildered by some of OMG reactions. Yes, a 287% increase in revenue is good but at these levels we really need o focus on the absolute $'s rather than % increase. We went from $0.42M to $1.63M which I think id a good achievement given all what was going on in the background. Good to see recurring revenue increasing and the ~3fold increase in OPEX is not unexpected because they are investing heavily in sales and marketing.
What is critical to the future is the marketing plan and its implementation. Listing in the USA is part of that. Nate:
The listing of archTIS’ common shares on the
OTCQB remains subject to the approval of the
OTCQB and the satisfaction of applicable listing
requirements and is expected to list in the current
Q2 quarter.
so we won't see the benefits until probably the 3rd quarter.
I remain cautiously optimistic and have accumulated on this dip.
A fairly flat quarter which is not surprising so I am a bit...
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