TSXV:OEE.H - Post by User
Comment by
Geckom24on Aug 02, 2019 10:20am
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Post# 29988049
RE:RE:The reason for the drop
RE:RE:The reason for the dropWell they had removed it from their Website but technically the presentation is from Q2 and during that time when the presentation was put up as a document they were infact still part of OKUMAs THINC. So I dont think there is any particular wrong doing other then skipping over what would be a negative NR that is not mandatory.
I am hoping they are working diligently on closing sales this quarter and getting the Merlin Program as an active app on Siemens mindshpere. It is possible that this sets up for more recurring sales models. Example being their new 72 subs to the Enterprise edition of Merlin is ongoing revenue. If they can mine their current customer base to switch to subscriptions we could have large cashflows that remain ongoing and as you build the customer base up you are keeping revenue from your existing base. This could be the strategy along with Mindshpere. We are already weeks away from the Q3 finiancial reports and expect some dialogue to update us on sales where we are at etc. I still think V.OEE is in a position to go on a run but the close out to 2019 is going to be absolutely vital whether this company is around in the future.
GLTA
GECK