updateI spoke to Nathan Rudyk the Carl IR person today. He forwarded me the monthly submission to SEDAR updating activities of comapany in December:
I don’t know if you saw our most recent Form 7 filed on SEDAR, but it contained the following statements that may be of interest:
The issuer’s business development team worked closely with new and existing customers throughout December. Outputs included:
· Continuing collaboration with potential customers on in-field use of two new products announced at the issuer’s Nov. 29
th Annual General and Special Meeting (“AGSM”), Those products are:
1) Auto QA/QC, the Issuer’s latest Machine Learning (ML) technology for automatically cleaning and performing Quality Assurance (QA) and Quality Control (QC) on time-series data derived from sensors
2) Auto I&I, the Issuer’s newest technology for Inflow & Infiltration required by municipal water treatment plants to detect storm events that match defined rainfall criteria.
· A new Service Value Review methodology developed to contact every existing customer in the first two months of 2022 to evaluate satisfaction with existing product, establish desire for new features and functionality with existing product and create opportunities to demonstrate strategic advantages of the issuer’s new product line.
· Focused business development initiatives with large technology services firms and technology product vendors across North America in new vertical markets. These firms were introduced to the issuer’s new Environmental Monitoring as a Service (“EMaaS”) platform designed for Smart City and industrial applications requiring the foresight of predictive analytics to protect compliance-driven infrastructure operations.
There is no overnight sensation here. It appears there is a major focus, as there should be, is on sales and marketing. At this share price no use selling. Gamble that these guys can make something happen here. Results will be in the financials, probably not major contract announcements. If these new products are successful, results should show up in next 6 months. In the meantime, lets not form a lynch mob.