Why NXO is not projecting revenue
At some point NXO will announce revenue and with the huge potential in multiple verticals the price of the stock will initially rise rapidly on speculation and then fall again in the short term as the market will shift to focus on cash flows, projections and net profits. If NXO starts to speculate on market share and revenue projections they will leave themselves wide open to professional shorters and lawsuits. Below are links to what happened to two Canadian tech firms when unscrupulous professional shorters attack these companies based on projected customer base and sale projections. RG is in a high stakes poker game and holding the winning hand. He will not reveal his cards until all bets are in and until someone calls his bet. The company is prudent to not reveal revenues until the money is in the bank nor make unsubstantiated future projections which can fall prey to a short attack. These predators are always on the lookout for potential 10 baggers, the higher the rise the greater the fall and profit on short plays.
I would like to see revenue announced and projections as much any of the investors but what I don't want to see is revenue being eaten up by lawyers in litigation. I will wait patiently for the financials to come out. You can't be sued for telling the truth.
https://www.cbc.ca/news/business/lightspeed-stock-short-seller-1.6194974?cmp=rss
https://archive.canadianbusiness.com/investing/why-canadas-tech-darling-is-under-attack/