While the announcement is very encouraging, the agreement as described is basically a paid proof of concept (pilot) deal. I am guessing they rushed to release this announcement to temporarily stop the bleeding of the stock price. I said "they rushed" because there was no statement from a representative of DB Schenker. Almost all the previously announced deals included a statement from the customer. The one thing (which is rather comforting) that the announcement confirms is that YOJ, as tiny of a company as it is, is finding ways to link up with some very big logistics outfits. It's therefore very important they they go live with SILA, Scharff, and Lion Group so YOJ can use them as reference customers... Doing so will make it easier to peek the interest of many more big logistics outfits.
YOJ Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)