Plurilock Security Inc V.PLUR

Globe & Mail

[retiredcf]

11:46 AM EDT, 06/18/2021 (MT Newswires) -- Plurilock Security Inc. (PLUR.V) a cybersecurity solutions provider for workforces, has secured a purchase order with a California state taxation agency worth US$210,000.

This order, the latest in a series of government contracts secured by Plurilock in recent weeks, demonstrates the company's continued efforts to rapidly expand and serve state agencies in North America, it said.

Price: 0.49, Change: +0.01, Percent Change: +1.04

[wwmeinc]

...and yet...the shares have dropped over 29% since April 01/21....They closed at 0.68cts on April 01/21....and with all these contracts/nr's/video's...etc....they are "sitting" dead at 0.48cts....Why should shareholders stay silent with such a performance....These yrly contracts are not giving us any growth in mkt cap....might be due to the low margin rates that these contracts

[freeradical1]

Aurora has about $30M a year in sales. The problem is that it is all very low margin (4%-5%) reselling of 3rd party software. Plur purchased the business for about $1M so it tells you what it is worth. I don't see the point in announcing every dealfor $200K. We get it, the company should be selling $2.5M a month. The problem is that isn't what most people invested in, they invested in Plur

[wwmeinc]

Very high expectations here.....high expectations because mgmt gave this to the mkt. Thanks for the good points. glta