RE:Small Cap Discoveries and OwenA few highlights:
1) overall, Owen's audio was horrible and garbled sounding. He talked about the 40,000 -45,000 device backlog, which I think is their largest.
2) 17:00 minutes - talked about decrease in recurring revenue and Owen attributed it to the exchange rate
3) 20:00 minutes - talked about Apple getting in on tracking and Owen doesn't see them as a threat
4) 23:00 minutes - Q&A session from viewer questions.
Owen sees BEW developing smaller devices. He is open to M&A if the right deal comes along. We might see an increase in SG&A as the business and new product development arises, but it will be gradual.