RE:RE:Corporate Update I have been advised by management in regards to next weeks update.
9~10cts is just the first major resistance milestone that we wil have to break through to see clearer skies at this near term forecast. One step at a time. As for the ceiling? Youre right, no one knows and we will likely only start to know and any idea become more evident when we start seeing financials showing monetary results.
Ive seen many downplay Panasonics partnership as a dead end that never materialized into sales? These people are not very talented at simple DD as the Panasonic partenership was amended into 1500 licenses of their new software Ormiboard which was only released in late August. 6 figures of sales in September might be more than a coincindence of the amendment, the launch of their flagship product and the timing of initial revenue.... Time will tell and instead of aiming for a ceiling? We have to go through 9~10 before we see 15~25 so lets start there.
Zhantao wrote:
guildwood1 wrote: The AGM update and hopefully the closure of the ACG financing wont be released until next week... This seems to be anticipation games is all. Any mention on business progressions in that NR and well break though that 9~10c range which is all we need to really get this ball rolling. Follow up with their partner gaining more attention for Ormi at the Bett Show Jan 25-28th, the launch of Ormi U and ideally over everything another positive quarterly showing actual revenue growth and ill be a very happy camper. Slow and steady. GLTAL
Thanks for that post. Regarding the AgM update not being released until next week, Is this what was told to you by management? Or is this your guess?
As for breaking through 9 to 10 cents, I think people on here are forgetting that we should have been above 9 to 10 cents range ANYWAY, even just for the Samsung announcement. However, I know it's better than declining even further. But going through 9 or 10 cents isn't very good. going above 15-25 cents is good. 9 or 10 cents? we were already there many times.
Slow and steady is fine by me, but what's the ceiling? That's the question. None of us really know. GLTA