Plurilock Security Inc V.PLUR

Corporate Update & 2022 Outlook for $PLUR!

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Today, Plurilock Security ($PLUR.v $PLCKF) put out a corporate update and strategy outlook for 2022, anticipating 2022 to be a transformational year as they scale their technology offerings to a "diverse and growing base of customers."

Three main objectives for 2022:
1) Sales of high-margin zero trust identity platform
2) Development of new technology to expands competitive moat
3) Focus on strategic & accretive acquisition opportunities

$PLUR is focused on improving their financial performance and solidifying their role as a cybersecurity technology leader by acting on the "growing demand for innovative cybersecurity tech to drive revenue growth and margin expansion".

ADAPT and DEFEND generated gross margins of 84.1% in the 9 nine months ended September 30, 2021, and $PLUR is currently in active discussions with organizations across North America for both products and has a pipeline of M&A targets

So far, $PLUR has had strong sales growth with US$1.16 million in sales captured from all announced contracts and orders since January 2022. I'm looking forward to seeing what this year brings as $PLUR is looking well-positioned to execute on all of their growth initiatives IMO.
https://finance.yahoo.com/news/plurilock-provides-corporate-growth-strategy-120000466.html