RE:RE:way overvalued They have the opportunity to generate
3.5M from HI Next
200k from Clarity
Take 1.7M deferred revenue off liability and place on asset side
New customers, new consulting contracts - all medical
Buying softwrae products / companies that are under advertized well developed and expanding them beyond borders.
This is just a quick look. You would be a fool to short this. Going well past $1. Look at TGIF, they have 5M revenue and 100M market cap. These guys could easily bring this company to a 300M market cap in short order.
Highlights for the quarter ended March 31, 2018:
- Acquisition of H.I. Next, which has historical unaudited revenues of $2.695 million, $3.329 million and $3.572 million for 2015, 2016 and 2017.
- Acquisition of Clarity, with $200,000 in revenue in its last fiscal year.
- Royalty-free license sale to a customer of HI Next software.
- $1,613,362 of perpetual license fees and $58,015 of services revenue, with the remaining balance of $1,719,499 in deferred revenue.
- Introduction of WellLinc, a proprietary electronic health record interoperability solution powered by blockchain technology.
- 16 new customers in New York State, through the Behavioral Health Information Technology Grant Program.
- Licensed B Care Electronic Health Record software to Manitoba’s Northern Regional Hospital
- Additional contracts in the quarter including: Bluewater Health, ON, Canada; HKS Counselling Services, ON, Canada; United Chiefs and Councils of Mnidoo Mnising, ON, Canada; Alzheimer’s Society of Toronto, ON, Canada; and Stella’s Place, ON, Canada.
- Revenue of $2,923,390, representing an increase of 2172.3% over the same period last year.