[" I urge you to start reading through all the Q/A portions and you'll get all your answers and a whole lot more regarding the revenue shortfalls and inner workings of the backlog. What you propose is to publicly disclose a list of all TEUM's customers in an emerging market so the competitors can poach them. At the very least, you'll piss off some of your customers due to the unwanted cold calls you've just cursed them with, and this would surely put a strain on the business relationship."]
I have read all of that several times, thanks. I'm not proposing anything, certainly not that they disclose all their customers.
The only think I noted was that of the very few customers we know by name, quite a few of these seemed quite dodgy and difficult to imagine they'll bring millions of dollars in revenue.
That has reduced my comfort level with the company because I have no idea how representative this is.
My question to you would be how you could simply brush that info aside, as you seem to do.
["Regarding the revenue forward guidance downgrade from the previous numbers provided on the presentations pieces: In every single contract related PR, Pareteum provides the disclaimer for their CRB, "Timing of revenue recognition may vary from actual results". What you are doing is making assumptions but what Hal is doing is making adjustments."]
What further reduces my confidence is the fact that when backlog explodes, revenue guidance went down and down significantly.
I expect when backlog almost doubles, revenue guidance goes up, not down, and certainly not down by tens of millions of dollars.
I can't decide for you how to feel about that, but I find it curious, especially in combination with the dodgy customers that the Oil & Gas Trader Bulletin article revealed.
That's basically all. I assumed the stock was as good as destined for double digits, if not this year than the next. Now I'm not at all sure of that as these elements have significantly lowered my confidence level.
It's not that my head "is flooded with ideas of widespread executive level corruption," it's simply that I don't know what is going on, which has reduced my confidence.
I have read all of that several times, thanks. I'm not proposing anything, certainly not that they disclose all their customers.
The only think I noted was that of the very few customers we know by name, quite a few of these seemed quite dodgy and difficult to imagine they'll bring millions of dollars in revenue.
That has reduced my comfort level with the company because I have no idea how representative this is.
My question to you would be how you could simply brush that info aside, as you seem to do.
["Regarding the revenue forward guidance downgrade from the previous numbers provided on the presentations pieces: In every single contract related PR, Pareteum provides the disclaimer for their CRB, "Timing of revenue recognition may vary from actual results". What you are doing is making assumptions but what Hal is doing is making adjustments."]
What further reduces my confidence is the fact that when backlog explodes, revenue guidance went down and down significantly.
I expect when backlog almost doubles, revenue guidance goes up, not down, and certainly not down by tens of millions of dollars.
I can't decide for you how to feel about that, but I find it curious, especially in combination with the dodgy customers that the Oil & Gas Trader Bulletin article revealed.
That's basically all. I assumed the stock was as good as destined for double digits, if not this year than the next. Now I'm not at all sure of that as these elements have significantly lowered my confidence level.
It's not that my head "is flooded with ideas of widespread executive level corruption," it's simply that I don't know what is going on, which has reduced my confidence.