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01 Communique Laboratory Inc V.ONE

Alternate Symbol(s):  OONEF

01 Communique Laboratory Inc. is a Canada-based technology company. The Company operates two business units. Its primary focus is cyber security business unit focusing on Post-Quantum Cryptography (PQC). PQC is designed to operate on classical computer systems, while at the same time secure enough to safeguard against cyber-attacks from quantum computers. IronCAP X is a quantum-safe end-to-end email encryption solution, which is designed for ultimate email privacy as well as ensuring senders' authenticity to eliminate phishing. The Company provides IronCAP cryptographic engine to businesses of all sizes, allowing them to easily transform their systems to withstand threats from Quantum Computers. The Company also provides vertical solutions that utilize its own IronCAP cryptographic engine to ensure quantum safety. Its remote access business unit provides its customers with a suite of secure remote access services and products under its I’m InTouch and I’m OnCall product offerings.


TSXV:ONE - Post by User

Comment by cabbieJBJon Jan 19, 2023 12:48pm
99 Views
Post# 35233524

RE:RE:This is getting very, very stale

RE:RE:This is getting very, very staleYou misread blue; the post was a spash of frustration.  I do not share your conspiracy theories on 01.

If you refer back on my 01 posts, I've called 01, in its current business life cycle, a start up.  Mileposts falling into place just takes longer for new technology startups than most realize.  On the positive side, 01 has delivered on the product development side and met most of its committments.  01 has secured needed partners for co-marketing, as we can all agree that 01 has neither the resources nor the credibility in the mainstream business sectors to market its products alone.  The fact that 01 is significantly dependent on others to generate revenue is a company weakness, but one that woudl be unrealistically expensive to address at this point in its current life cycle. 

I think 2023 is where the revenue rubber hits the road.  I would have like to have heard a more specific revenue committment beyond Hitatchi/remote access, but it wasn't there...still generalizations due to the partners' lead role in bringing in the revenue for 01 and the usual uncertainly surrounding early to market technology.

So, as I posted on Tuesday, I've added to my position, modestly.  I like 01's comment that funding is adequate for 2023 operations and research/development.

Regarding the options, I do not have a problem with the awards; but, I will be very dissapointed if they run the price down to get a lower strike price tomorrow.  Regarding the awards per se, if you accept that 01 is a tech development, pre-revenue company, then the award of options for meeting development goals is proper.
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