RE:RE:RE:Just to remind everyone What gives you the right to be furious with an unofficial video conference? Cronin can't share anything that hasnt materialized in a NR. He can only talk about what we already know and obviously the YE report. People need to manage their own expectations. Did they really believe that some YUUUGE news would be revealed? Honestly... Shareholders put blame on the company for overpromising and underdelivering, yet most of the time it's shareholders failing to interpret something, twisting it to something huge, and getting let down when this twist doesn't get realized. Seen it throughout the years. Just take Sotech as an example, it was pumped to the skies that PAT was a Covid play when Sotech Health was formed - yet reality was nothing close to that.
What did shareholders expect from YE report? This was May 1 - July 31, ie in the middle of the pandemic.. look at the financial statement, zero revenue from the US. Do you think PAT has given away their product for free to the ball park, school district, and municipality in Ohio? No, but it takes time to materialize, and even longer in a pandemic. Pretty obvious that Ginter is a reseller and an integrator taking care of the installation, and PAT is (right now at least) doing the commissioning of the system, the system start-up, the compliance testing, measuring the performance etcetera, all milestones to be completed before part of the, or all, revenue is in the bank. Probably why PAT has 600k contracted revenue related to the PatScan system, and not real revenue - Covid fokked them like most other businesses.
But yea, keep being an angry shareholder if you'd like. Biggest 101 mistake in investing is to continue being a shareholder because you're in the deep. Sell, use your capital somewhere else, and try to recoup your losses.
/end rant