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Blackline Safety Corp T.BLN

Alternate Symbol(s):  BLKLF

Blackline Safety Corp. is a Canada-based technology company engaged in the industrial workforce through Internet of Things (IoT). The Company develops, manufactures and markets products and services that empower businesses with real-time safety insights to manage emergency responses, evacuations and gas detection compliance programs. It provides wearable devices, personal and area gas monitoring, cloud-connected software and data analytics to meet safety challenges and enhance overall productivity for organizations. Its segments include Product and Service. Its software and data solutions include Blackline Live, Blackline Analytics, Plume Modeling, API Library and Loner Mobile. Its personal gas detection solutions include G6 Single-Gas, G7 Single-Gas, G7 Multi-Gas and G7 Multi-Gas Pump. It offers various accessories, such as G6, G7 and EXO. It serves various industries, such as biotech and pharma, fire and hazmat, oil and gas, petrochemical, steel manufacturing and others.


TSX:BLN - Post by User

Comment by Aquaman11on Aug 02, 2022 11:40am
100 Views
Post# 34865830

RE:good contract news ignored

RE:good contract news ignored

$10M for 5 years, is only $2M/year ...or $500K per quarter.  Very good, but not uber large either.  I think the real positive news here is there is the adoption by three different companies.  Adoption cycle for BLN's suite of product is taking some time in large established industries with big players already established - takes some time to change/rearrange the pecking order.  Also, historically, it often takes time between news and stock price increase - giving interested buyers some valuable time!  Usually the news trickles down to the analysts who react in the following days, so the stock doesn't get too much visibility until then.  Visibility for BLN has increased over the years, but still has some ways to go.  Anyone interested in this stock, this is an incredible opportunity/point of entry!

Last two news are great to see!  Hopefully the continuous flow of such sales/news will continue to ramp up, sales is what will attract visibility and drive the price up!  Maybe a listing on NASDAQ or other exchange at some point?  Or perhaps a giant order for an uber large organisation?  That would give BLN the kick it needs to get stock momentum back.
 

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