RE:Update to shareholders. Was it really required?Yes totally appropriate.
When a company is dialed in so they know how investors are feeling and make accountable statements it is remarkable. This is a company acting more like an Intermediate than a junior and puts Datamatrix head and shoulders above their peers.
Reverse Split is an ugly business. When there is an appropriate reason and all the benefits are laid out to the shareholders then Marshal knows they will get the votes .
Arbitrary will never be received well here. Not willingly or easily.
What was equally important and should bring the Analysts on board was the "Noted" margins put in the public domain.
Still sticking with the principal of not identifying each individual order, it is now possible to get a sense of cash flow and profitabiity which brings the heavy hitters into play.
This likely will be substantiated in the next quarter financials.
Also AI is still their hard focus which is why a core of us here own 20 mil + shares. I needed to pick one of the AI horses in the race and with Marshal in there it looks promising.
I would be surprised if over the next week the share price does not increase. On the next big order the blogs will start filling up with DM news as the profitability can now be speculated within reasonable tolerances.
JMHO