OTCPK:EXRTF - Post by User
Comment by
Blaser2on Jan 11, 2018 2:39pm
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Post# 27335367
RE:RE:Q4 and annual report
RE:RE:Q4 and annual reportExpectations?
Q4 should be better than last quarter as a major revenue payment was delayed from Q3. Currently, XCT has enough cash on hand for another year of operations. However, Morningstar has lowered its Fair Value rating from $1.20 to $1.08.
The next tranche of satellites for the Irridium network has just been slotted for the first quarter of 2018. The is the tipping point for the XCT system as it will provide the complete RT (realtime) coverage that major customers, esp Govts, want. Then, watch a launch of a different kind. LOL.
PS: Management seems to be a bit more responsive this time. I emailed them at the begining of the week about the timing of the release of results. The answer was this announcement which is about a week earlier than I expected. To me, that is a good sign as well. The report is essentially ready. No one is sweating massaging the message