Agree your comments re the Quarterly mrSV.
We shouldn't pin any expectations on large revenue wind falls in the Appendix 4C. We're talking the second quarter and the first payments from the French roll out won't have commenced to kick in until the 3rd Qtr and because there has not been any Ann about new Casinos or signing the $600,000 NY School contracts then I can't see revenues for them included either. Sure we look forward to some sales from take up of Studio software but as far as any big windfalls are concerned none effecting the second quarter have been announced. So I think it is prudent not to pin any unreal expectations.
What BRN has achieved to date in Europe with Safran, French National Police, Rockwell Collins, etc is IMO nothing short of astounding. Now we have the CR sorted with possibly a cornerstone investor and we appreciate the French contract for $1.2m is only for STAGE 1 of a considerably bigger roll out, the level of revenue receipts in last quarter means little.
With a balance sheet in great shape for 2018, holders can now focus on BRN's future playing the long game on this.
Only my views, of course.
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