$65M pipelineCould he have said the pipeline is expected to be signed in the 3rd quarter?.
No, that would have sunk the sp even further, by not expecting revenue in Q2.
He should have known that none of it was to take place in April or May, maybe he was hoping for June?
But this NR was issued on 4/16 after a decline in sp was to reassure investors, keeping some hope, and hope it is.
It has been a strategy exploited a few times. This time the window was 6 months, and not 6 to 8 weeks, or imminent.
As a shareholder, I would like to see more transparency, accuracy on all expected offerings projections.
And he admits and laugh about his tendency of being off schedule or timeline predictions.
We are still waiting for the 2021 Annual Progress Report which was mentioned in the 6/22 annual meeting, supposed to be on their web page in the following days. He didn’t know about it. The next day we were told that it will come in the next couple of weeks.
Don't think it's gonna look good, especially with the HPQ investment comprehensive loss that has to be booked, many millions.
Here was the 4/16 PR:
If we are conservative and define the pipeline as being those contracts where we are either in final discussion as the sole supplier, or in a leadership position in a competitive bid, and if we further narrow the definition by looking only at contracts that are expected to be signed within 6 months, then the pipeline is in excess of $65 million. Most of that pipeline would be expected to be completed w