RE:every quarter the same as the lastI guess you did not attend today's earnings conference call, but it will be up on the Company's web site. I attended and learned that:
- they signed the multi-million agreement for a 3 year term
- they expect revenues for this deal in the second half of 2025
- they are discussing funding with both existing and new potential lenders, as all their debt is now under 'current' as this is due in less than 12 months
- there is a 'lot' of activity in the sales pipeline
As can be expected, management participants provided an 'upbeat' tone to the call (few attendees and only Cormark asked questions).
I would have liked to learn more about the license status, but beyond what was already provided a while back, we can only hope that a deal can uncover value for these assets.
There is only so much management can do with what they currently have. I get the sense that recovery is underway with the recent deal that more will come. This will help with the precarious and costly financing in place. Who knows, they might even float some shares with good news....