From the AGMI got this from the transcript of the AGM on the company's website.
In many cases, this sales cycle stage may repeat a few times. Where multiple decisionmakers are involved, salespeople may need to pitch and follow up with several stakeholders. As part of this stage, we have found that an evaluation period of 3-5 days is needed for the customer to decide whether to move forward with a purchase. Every evaluation to date has resulted in a customer deciding that they want to purchase.
Did you read that. Every evaluation has resulted in a customer deciding they want to purchase. So we can stop worrying. (unless they have had no evaluations)
I noticed they stopped making projections as they did in 2022.
This is from the Dec.14,2022 news release again.
The Company had set a target of 40-45 systems committed to customers by year end. The company has received 6 purchase orders year to date, including orders from Europe, UK, and United States, has 3 installations being arranged and 5 more purchase orders are expected by end of January.
If there were 6 purchase orders year to date(for 2022)where is the revenue from those 6? And where's the revenue from 5 more purchase orders expected by the end of January(2023)? So they learned from their mistakes of setting targets and expectations. I didn't see a sales target for 2024 but if every evaluation ends up with purchase and every demo(3-4 demos per month)ends up with a purchase there's going to be a lot of revenue in 2024!!! Let's see what happens. I will believe it after you
SHOW ME THE MONEY