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Plurilock Security Inc V.PLUR

Alternate Symbol(s):  PLCKF

Plurilock Security Inc. is a Canada-based identity-centric cybersecurity company. The Company secures workforces in the age of AI through its Plurilock AI platform, delivering advanced identity, data safety and guard rails to safely implement AI solutions to commercial and government customers worldwide. The Company operates through two operating divisions: the Technology Division and the Solutions Division. The Technology Division operates under the Plurilock brand, builds and operates its own proprietary product (DEFEND), as well as the acquired product (CloudCodes). The Technology Division is operated by PSI, PL, PLUS and PSP. The Company's corporate overhead expenses associated with PSI are allocated to the Technology Division. The Solutions division is separately operated by ASC and INC. The Solutions division offers services, cybersecurity industry products and technologies other than its own proprietary products (DEFEND).


TSXV:PLUR - Post by User

Comment by freeradical1on Jun 18, 2021 2:56pm
120 Views
Post# 33412390

RE:RE:Globe & Mail

RE:RE:Globe & MailAurora has about $30M a year in sales. The problem is that it is all very low margin (4%-5%) reselling of 3rd party software. Plur purchased the business for about $1M so it tells you what it is worth. I don't see the point in announcing every dealfor $200K. We get it, the company should be selling $2.5M a month. The problem is that isn't what most people invested in, they invested in Plur's own product and service suite and we are hearing nothing about that anymore. 

If management thinks they can simply promote a company they bought for $1M as a replacement for its business line then this will be a $.05 stock.
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