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The following is a summary of the key business highlights for the Company for three month period ended April 30, 2022:
Accelerated topline growth with approximately $2.8 million of revenue recognized during the first nine months of the fiscal year, of which $0.9 million was generated in the current quarter; +$2.1 M
Continued to build backlog to over $2.6 million, with an additional $1.6 million pending successful trials that will be recognized as revenues in future periods; + $4.2M Thats $6.3 M Quick reminder guys , this is what SHOULD appear in the revenue hopper next financials. This is what the in a very SKETCHY way call recognized revenue. SO GUYS say they had 3 month trials then it was decision time a while ago. Do you guys think PAT will announce $ 6.3 M USD sales ? Let's say they MIRACULOUSLY did pull this off ... They are set to have spent $15.2 Million USD doing so. Even Golden can work out that Math. Remove inventory and taxes , thats more like $2 M. So even if the numbers appear its still a $13 M USD negative proposition.
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