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Nubeva Technologies Ltd V.NBVA

Alternate Symbol(s):  NBVAF

Nubeva Technologies Ltd. is a cybersecurity company specializing in ransomware decryption and recovery. The Company provides decryption solutions for recovery from ransomware attacks. Its ransomware reversal software is available to end-user enterprises, managed security service providers, incident responders, and cybersecurity solution manufacturers. Its flagship product, Ransomware Reversal is focused on the cybersecurity landscape. This solution leverages its Session Key Intercept (SKI) technology to offer an approach to ransomware protection by enabling recovery from attacks, thus nullifying its impact and damage. Its Ransomware Reversal is the solution to decrypt virtually all modern ransomware. Its Ransomware Reversal is a protective solution to combat the escalating ransomware threat. Its decryption technology enables organizations to decrypt ransomware without paying ransoms. The Company delivers the solution as a software toolkit.


TSXV:NBVA - Post by User

Post by Future1on Jan 23, 2023 10:46am
169 Views
Post# 35239689

Clarification to Jan. 22/23 post

Clarification to Jan. 22/23 postIn that post I stated Nubeva is already cash flow positive. Nubeva's actual statement in their recent NR on January 3, 2023 was: "projected cash flow positive operations in the 2023 fiscal year following a new seven figure contract closed in December of 2022".

Techically speaking, the Jan. 3, 2023 NR said they project being cash flow positive "following" the 7-figure deal announced in December of 2022. Nubeva then announced on Jan. 4/23 yet another 7-figure deal and corrected that they project being cash flow positive in calendar 2023.
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