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Intrinsyc Software International Inc ISYRF



GREY:ISYRF - Post by User

Comment by 4ogo4on Aug 10, 2017 4:20pm
132 Views
Post# 26567993

RE:trailing earnings

RE:trailing earnings
I believe they did tell us before about the potential of the $3 million in memory in previous press releases:

"VANCOUVER, BC–(Marketwired – June 01, 2017) – Intrinsyc Technologies Corporation (TSX: ITC) (OTC: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced the receipt of an order, from an existing Global 500 client, that is valued at US$2,990,000. This non-cancellable order is for a last-time purchase of memory components that are reaching end of life. Delivery and title of ownership to the components will transfer to the Client with related revenue anticipated to be recognized in three, approximately equal quarterly installments, beginning in Q4 of 2017. The memory is expected to be consumed for potential future orders of the Company’s Open-Q™ 805 computing modules." (bolding added)  https://www.intrinsyc.com/press-release/intrinsyc-announces-us2990000-order-hardware-components-related-companys-open-q-embedded-computing-modules/

"VANCOUVER, BC–(Marketwired – July 11, 2017) – Intrinsyc Technologies Corporation (TSX: ITC) (OTC: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced the receipt of an order, from an existing client, that is valued at US$916,000.  The non-cancellable order incorporates memory purchased by the client under a previous order valued at US$100,000, resulting in a net value of US$816,000." (bolding added) https://www.intrinsyc.com/press-release/intrinsyc-announces-us916000-order-open-q-embedded-computing-modules/

All just IMO!
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