as the forecast revenue for the quarter was stated to "be at least 50% higher than the December quarter (previously at least 30%) based on actual transactions to 23rd Feb." Im going to draw a conclusion that they were at that point already at that revenue mark. so the first 2 months ( approx. actually 23rd feb ) were tracking at 829K rev. that means the last month ( march ) revenue balooned to being 651 with the addition of the first European merchant announced on the 7/3, XM china on the 20/3, and amex integrating on 28/3 the latter 2 customers only providing revenue in the last week if at all.
the burn rate is only about 530K per month....
ISX actually broke even operationally in late March '18.
BOOM!
ISX Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
