GREY:TSTIF - Post by User
Comment by
Aimee1365on Apr 25, 2019 2:51pm
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Post# 29670877
RE:RE:Sales
RE:RE:SalesEcho - Traction cannot be slow. The burn rate is too high for sustainability. The sales cycle is too slow and has extremely low quote conversion rates. We have another few months left before we run out of poker chips. Unless they somehow sold and installed 40 units in Q1, this stock will continue to slide. This is not a sustainable business model when your payroll is $200K+/month, only sell one product, have two locations in different countries, 200~ units in stock and your install base is too small for consummable revenue to help fill in the revenue gaps. We need a major player to buy us on the cheap. GLTA
-AE
echo2 wrote: I have heard that in addition to the two VP4's in Vancouver, another install has been done in Burnaby with two other locations in lower mainland doing trials of two units presently. ?Similar things happening in the GTA?
Traction is slow, but it is happening. And, TSO3 is going to continue to be a player!