RE:RE:RE:RE:RE:8 lanes at the Tachi palace casino@JV....it appears it was a sale as I found it over the weekend..I find it curious that you stated a "Puchase Order" because it's less common for SaaS models to be executed under a Purchase Order..especially one that involves data and network connections.....but as it turns out in this case it appeared the deal was executed via PO. Which makes me think you already saw it. It's publicly available..but I'm not going to do the work for you....@board if anyone here wants to know where it is DM..I'll only respond to the folks I recognize
Where in the Press Announcement on January 31, 2022 (i.e.: last day of Q2, FY2022) does it say sale and deployment of the Platform?
All it says is the US Office of Inspector General (OIG) has selected Patriot One's as the system to move forward with at its office(s) in Washington DC. It doesn't provide a sales statement, a US Government Purchase Order (which would be publicly available)... nor timeline for deployment(s).
Under most accounting principles, you can announce sales $$$, but can only announce actual sales revenue once the product is delivered and deployed. And Sales Revenue is needed to offset the $3M/quarter Cash Burn.
So I am curious on where everyone is getting "sales & revenue" from this "US OIG selection announcement"??? PAT may not start deploying for another 3 to 6 months based on historicals of the US Government and its procurement process...
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