TSXV:RHT.H - Post by User
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lscfaon Sep 09, 2021 6:40pm
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Post# 33837831
RE:RE:RE:RE:RE:RE:DR GROSSL PRESENT VIRTUALLY IN GRAVITAS SEP 16/12:30 ET.
RE:RE:RE:RE:RE:RE:DR GROSSL PRESENT VIRTUALLY IN GRAVITAS SEP 16/12:30 ET. hey jackass, as aaaaaargh points out Lisa just admitted in today's interview that some existing contracts have delayed onboarding again due to Covid so all the new signed contracts since January help to offset the delays and maintain the $11 million revenue guidance for the c2021 as well as maintain the $2 million run rate guidance by Dec 31/21.
Lifeboat1 wrote: Eoj123. I have to agree with you. A critical thinker would not be one sided and blinded by rational positive information that refute his arguments. If he doesn't believe the Company he should wait for financials or not be invested at all.
Let' look at his query about why the Company has not updated the annual guidance but has "signed" multiple contracts since January. They actually have confirmed the guidance multiple times this year. Those contract were probably part of the original forecast. They may have been signed or agreed in principal (verbal contract) at the time of the guidance but not announced. He would argue they have to announce when they sign but that is not actually the case. They have to make a disclosure when a material event happens. If you look at most of the contract announcements especially the recent ones they have started onboarding or are going to start shortly. The Company is being conservative in their announcements and long term investors should appreciate that.