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Posted On: 07/29/2019 3:03:23 PM
Post# of 82689
You quoted from the Strikeforce Technologies 3/19/19 PR. I included it below for others to follow.
It's my opinion that Strikeforce is probably receiving a series of payments for "localizing" the product. I feel this is likely for two reasons. Firstly because Mark issued a PR saying "fees over 5 months" and secondly because a series of payments would help Strikeforce justify allocating staff time to work on that "localizing".
IMO Q2 will likely have a portion of these development fees & Q3 the remainder.
Also it was the interview from mid-June where Mark gave guidance on quarterly revenue around the 8 minute mark. (link at bottom). I interpret his guidance as potentially:
Q2 larger than Q1
Q3 similar to Q2
Q4 much larger than Q3
I believe it is likely that revenue from the first six months of 2019 exceeds the 2018 10k.
No guarantees.
http://www.globenewswire.com/news-release/201...-Asia.html
https://audioboom.com/posts/7289550-ceo-mark-...-19-update
It's my opinion that Strikeforce is probably receiving a series of payments for "localizing" the product. I feel this is likely for two reasons. Firstly because Mark issued a PR saying "fees over 5 months" and secondly because a series of payments would help Strikeforce justify allocating staff time to work on that "localizing".
IMO Q2 will likely have a portion of these development fees & Q3 the remainder.
Also it was the interview from mid-June where Mark gave guidance on quarterly revenue around the 8 minute mark. (link at bottom). I interpret his guidance as potentially:
Q2 larger than Q1
Q3 similar to Q2
Q4 much larger than Q3
I believe it is likely that revenue from the first six months of 2019 exceeds the 2018 10k.
No guarantees.
http://www.globenewswire.com/news-release/201...-Asia.html
https://audioboom.com/posts/7289550-ceo-mark-...-19-update
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