MAGOR CORPORATION MGORF

Dialogue with Mike Pascoe on Monday.

[shawshank]

Had some dialogue with Mike Pascoe a few days ago.

Company still apparently moving forward with large
contract status discussions-lead time as noted
in earlier posts is long as dealing with largely
government bodies departments and organizations
and unfortunately Mike says company bound by 
Non Disclosure business...competitive...and security
reasons by and large cuz Magor catering to NGO and GO
security concerns.

Some of the contracts/revenue drivers currently involve
repeat orders from existing clientelle and adding to the
recurring revenue model as Magor moved from being
exposed to hardware sales more then they wanted to be
to converting to a software and servicing revenue model.
 

Mathews and Pascoe come from high end tech and investment
side of the TSE vs TSX so patience here may wind up being
possibly? very well rewarded.

But Mike Pascoe and company have to raise the companys
ROI potential and visibility cuz what is available right now?

Is near non existent-cept come reporting time which just
is not good enough.

SS