RE:RE:Q results outHello melow.
I concur with your assesment of the most recent PLUR financials. I am waiting for the 3rd quarter financial report to, as you've so correctly emphasized, provide much more accurate assesment as to what we can expect going forward into the fourth quarter annual financial result. Year over year numbers will be, I am relatively certain, comparatively much improved and serve to project the forward looking earnings potentials which should be markedly quite favorable going froward.
I fully expect that within the next series of contract wins will be one particular contract which will, in a sense, serve to 'trigger' a proposed offer to be taken over; so as to have Plurilock's core proficiencies inextricably incorporated into a suite of existing technological pipeline products provided to a massive existing customer base serviced by a globally operating corporate entity.
I've experienced this before with another Canadian based corporation whose intellectual property and proprietary products, with respect to the then intended global rollout of 'fingerprint' security access template technologies by a internationally operating conglomerate, were first purchased by a very large and quite important U.S. based corporation; which had itself shortly thereafter been acquired by Safran SA, following a national security review by the relevant U.S.agencies.
The company I refer to was a 'sleeper'; or certainly made to look that way by it's majority shareholder, who was also it's Chairman, I believe.
It's said the chairman in question let the company go for 'a song and a dance'; as the final per share purchase price was less than reasonably expected, due to the fact that it was an all shares consideration which the purchasing party suceeded in having accepted by the target company's stake holders.
There is no way Plurilock last more than a couple of more quarters before it is taken over.
Perhaps, if need be, at the market and during a series of unexplained parabolic moves upward in share price.