RE:Sunday evening reflexionI do think it will take a few good news releases to get stock back to $0.60 IMO, if the PP closes with a carrier and other stategic patners, and the company posts good growth in Q4 and Q1, there should be no reason why we shouldn't be trading above $0.60. No reason why the next quarters shouldn't show excellent growth -- we already know they have a sizeable backlog and are struggling to meet demand, hence the raise.
I have them conservatively doing 160k beacons for this year, which translate to $8M in H/W sales $2M in recurring (+$1M from the current units deployed in previous years FY2015-FY2018) all while being CF positive. I will fully expect the growth to keep up and possibly accelerate in FY2020.
Investors can only ignore for so long a company that is growing sales 100%+ YoY, is the first mover in a market that will expand by orders of magnitude, has reputable and quality partners, management is aligned with shareholders via their 30-40% ownership in the company, and will be CF positive very soon.
I'm always looking a 3-5 years at least with my investments. I see 2 possible scenarios playing out: (i) BeWhere gets acquired by a carrier or (ii) BeWhere doesn't sell out and is worth in the $100Ms of market cap. It's easy to see this unfold by looking at the telematics company -- all this has already played out before.