RE:No meat on the boneFew if any releases like this, the sector over, provide any revenue guidance any longer. This is primarily due to the fact that the receiver themselves don't know what uptake in their jurisdiction is going to look like....nobody really knows what demand is going to be.
So why put out projections when no one know? No partner is going to sign a firm commitment either when their markets are so uncertain. Firm contracts will come once the market expectations settle, not until then.
But I don't disagree that they need to execute on these deals and get some topline movement going.
PUNJABI wrote: The headline looks great nine countries added. But what does it all really means? If this is not just fluffed hyped then why don't they add actual figures and projections as to how much revenue they have added and how it will improve the bottom line or reduce the burn rate.
The need to come out will improve financial projection some guidance that they have turned the corner.
If any of these contracts were half decent they would have indicated that in the news.