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Identillect Technologies Corp V.ID

Identillect Technologies Corp. operates through its wholly owned subsidiary, Identillect Technologies Inc. is a software development company that has developed an email encryption software solution. Its activities include research, design, and development of an email encryption solution for use by business and individuals in their day-to-day communication. Its software Delivery Trust is a proprietary email encryption technology targets organizations of all sizes, as well as individuals medical professionals, insurance companies, accountants, lawyers, real estate agents, and educators on a monthly subscription basis. Delivery Trust can be accessed by professionals on a range of electronic communication devices. Delivery Trust integrates multi-factor authentication (MFA) for account login as well as recipient verification. MFA combines two or more independent credentials: what the user knows (password), what the user possesses (token) or what the user is like (biometric verification).


TSXV:ID - Post by User

Comment by Sirk77on May 31, 2018 4:21pm
87 Views
Post# 28107846

RE:Revenues up more than 50% over same quarter last year.

RE:Revenues up more than 50% over same quarter last year.I see the same trend you are seeing. It may not be fast enough for some investors but it is a continuous climb in revenue. The company probably has to grow faster than the current rate if it hopes to be breaking even before it runs out of cash. We’ve heard it stated that the company will break even without any additional fundraising. That statement could be based on developments over the last couple months which are not captured in the Q1 financials. The Q1 is really only a snapshot of the company at the end of March. The company is still moving in the right direction.
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