RE:From NCS4 What I take this statement to mean ..."However, that will largely depend on final feedback/editing."... is that both Patriot One and Evolv will be providing feedback and making/suggesting edits to their section of the NCS4 report. Hence, hardly an pure editorial un-encumbered 3rd party agnostic review. What a shame!
BELIEVE WHAT YOU WANT ...
Fact are such. By December 15, PAT will only have $5m CAD left in the kitty, for a Company playing 100% in the US Sandbox... meaning $4m USD left to spend. No investors in sight, and Raytheon late to the game with $2m CAD grant, that will get allocated over 3 years like in the past.
Breakeven would require a minimum of $2m a month in "deployed tech" to net $1m in recognized revenue. (Ie 50% margin). Q1 no sales announced. Pictures of 16 tower deployed in 2 locations. Hardly $1m net revenue for Q1. Q2 another picture of max 4 towers deployed... no where near $1m net revenue.
Tick tock tick tock, and so runs down the investment clock.
Come on PAT... make it rain $$$. And hurry it on up!!!