Ohhhhh ya baby!!!!! What's up ITT.V ! So lots has been going on.
As you all know, ITT/PAI.v has a plethora of ThermalPass sales that should be amounting to about half a million+ this quarter... I'm guessing about 70 TP units at 7kUS, plus Weather Telematics general revenue, should give you about those figures (maybe they sold more then 70 units/ estimated figures as well)
Several other things have happened. Jan 5 2021, Weather Telematics signed a deal with Synoptic Data (which is a data gathering company) for a multi year deal to gather Weather Telematics data, said to be worth seven figures over the whole stretch of the contract. Great news for Weather Telematics.
So, concerning October's financial report recorded ITT/PAI revenue at 73,000$ CND, in its 9 months of 2020, this next report should move ITT/PAI some. With only 66million outstanding shares, it could move a lot.
I also found in the last 12 months, insiders have bought over a total of 3.5 million shares, and a total of 650,000 shares have also been sold by 3 insiders in the last 6 months. Those exact sales were:
- Jim Grimes sold 90,000 @ .19 Jan 3rd 2021 (Jim still holds a total of 329,000 shares)
- Micheal Lende sold 400,000 shares @ .19 Jan 3rd 2021 (Micheal still holds 1.4 million shares)
- Gali Bar-Ziv sold 181,000 @ .22 back on August 11, 2020
With the sales in the last 6 months, as I mentioned, we also had big buys by several insiders within the last 12 months totaling over 3.5 million shares.
Hope everyone's safe! Still holding my just under 1 million ITT's at .02 - and now in the 100,000 range with PAI.V
As the world will start to open up, we will see a demand for a product like Thermal Pass. As well, the science behind Weather Telematics will only advance with the new stages of 5G and AI being released to the world in the coming years.
Cheers!
P.S. I told everyone but HIVE at .25 - now it's too late :)