RE:RE:RE:EVLV Updates Evolv is a US company with big backers like Gates. They have a massive marketing and sales machine. And as we have seen, they aren't afraid to throw bribes around, or literally lose money on contracts- just so long as they can get the NR out of it.
Whereas Xtract is focused on selling a good product, with good product support, Evolv just wants the sale.
This will only become more difficult when the new US administration is sworn in next year. While we manufacture our products stateside, I don't know if that will be enough to avoid some kind of tariff or Buy American legislation.
Honestly, I don't know what the answer is. Maybe we need more marketing help from our partners, like MSG, to get the word out.
End of the day, here we still sit. Excellent product, steady sales growth. Close to fiscal break even.
68 cents.
It's very frustrating.