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Bewhere Holdings Inc V.BEW

Alternate Symbol(s):  BEWFF

BeWhere Holdings Inc. is a Canada-based mobile internet of things (M-IOT) solutions company. The Company is focused on designing and selling self-powered hardware with sensors and software applications. The Company develops mobile applications, middleware and cloud-based solutions that stand-alone or that can be readily integrated with existing software. Its solutions serve two markets, such as Asset Tracking, and Connected Sensors. Its Asset Tracking consists of remote location tracking various non-powered fixed and movable assets such as trailers, dry vans, and others. Its Connected Sensors remotely track information on assets for water pressure, water detection and soil moisture. The Company also offers solutions that can be fully integrated with existing software, and white-labeled. The Company’s devices use the latest available cellular technologies (LTE-M and NB-IoT) to transmit collected data into mobile applications and cloud-based platforms.


TSXV:BEW - Post by User

Bullboard Posts
Comment by hrgoyalon Jan 16, 2020 8:32pm
141 Views
Post# 30563029

RE:Not sexy enough

RE:Not sexy enough

I think you should relook at your numbers. Total revenue for 2019 will be more like $7-8M. 8 + Q for year over year growth and not Q to Q growth.  2019 Q1-Q2 revenue growth was only 2.5%. Total number of shares after last PP are more like 88M and going to 100M if all warrants and options are exercised. 


BEW is at least a year behind in its revenue and profit estimations. Company was estimated to b profitable by 2019 with $10M revenue.

yes, BEW is not sexy enough in the sense that at best it has shown a compound 50% increase in revenue. 


IMO, as and when BEW shows net EPS, share price will be 30's cent and not before that. 


Hopefully management will resist to take hefty salary raise unlike last year (50%)


Dunworkin2 wrote:

A company with close to $10 million in sales, 8 plus quarters of revenue increased, increasing recurring revenue, landing new contracts, only 66 million shares, significant insider ownership, etc etc.

I'm starting to feel like we are in 'no mans land'. Too small for the big guys and not exciting or sexy enough for small retail when other alternatives like Mj, green products, are attracting attention.

We aren't profitable - will this change anything? You guys all are probably invested in other unprofitable companies with less sales, more shares that trade at a higher price. 

Why? Because we aren't sexy enough. 



Bullboard Posts