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Bullboard - Stock Discussion Forum 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... see more

TSXV:NBVA - Post Discussion

Nubeva Technologies Ltd > Clarification to Jan. 22/23 post
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Post by Future1 on Jan 23, 2023 10:46am

Clarification to Jan. 22/23 post

In 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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