RE:RE:Exuberance I am encouraged by the fact that there was a $2.5 million increase in signed contracts since Quarter end. That indicates that small contracts are continuing to stream in unreported. A few years ago, Bill indicated that he will only report significant contracts because issuing a NR is costly both in cash and in time. Also, the PDAs are generating revenue, which is not reported on NR.
The big contracts are usually signed in Q1 and Q2 so we should see some action soon. In the meantime, the $22.9 million in backlog will ensure another year of profitability since Bill confirmed in the earnings call today that nearly 100% of the backlog is implemented within 12 months. I think that this company is poised to continue generating positive quarters for a very long time and continue growing the cash on hand beyond the current $7.5 million. GLTA