RE:Conservative Sum of Parts Calculation - C$3.80/shareChi...... nice breakdown but underestimating value of IRD & VIZ.
IRD will be easily over $50M+ in revenue for 2019 and valuation is growing.
As for new QTRH acquisition, try to buy company like Viziya.
Huge potenetial to be a Cash generating machine (much higher than IRD).
Viz showed a glimpse last qtr, Very high profit margins, $5.6M Ebitda on rev of $8.7M
If they could double the revenue of VIZ, will be valued at $100M+ on its own (based on valuations I see for other Software companies).
Take savings from nasdaq listing fees and invest in new website & Investor presentaion.
Give it some sharp colors and make it look sleek (baby blue color is weak).
They can monetize this apple win into a whole new set of investors.
it has a very tight float..... with the right CEO and some long overdue patent reform, you take it to a billion$ cap in 3-5 yrs.