RE:RE:Has this company ever delivered on anything tangible?
Thanks for sharing this Youhillman
I am trying to figure out if these partnership announcements actually translate to trangible metrics.. The Energetika announcement in September 2019 was similar, alebit on a smaller scale..."In making the announcement, Hutton said, “We are pleased to formalize a long-term contract with Energetika. We will be providing advanced analytics as well as public safety applications including tracking of persons of interest, weapon detection, and vehicle and crowd analytics using the power of machine learning and computer vision. This contract is expected to generate more than $10 million USD in SaaS revenue to VSBLTY in the initial three years.”
Regardless, this should have been reflected in the financials somehow.. I am just curious if this and other announcements like Modelo and the news from today with Ability, which is a "Non-Binding Memorandum of Understanding" are just news releases that might not result in tangible revenues etc. Or atleast might not live up to the expectations that we might have as investors.