Jul. 2 at 8:18 AM
$REKR A while back I lived a similar situation with another small company installing surveillance devices with AI data treatment capabilities on school buses. For several years sales were sluggish despite the strong partnerships with the relevant public authorities they had. The company was barely profitable. At one point I moved away. Soon after that their business took off with a big multi-year partnership with a public authority. Their share price increased x10 from its depressed levels.
The current situation with REKR is for me a familiar pattern. Same great products (as per the clients' feedback), same need for them (the smart city of the future), same constant improvement, same strong partnerships, same sales that are still weak.
Their latest product however, requiring no new hardware and working on already existing cameras, is a game-changer. By year-end we will have a profitable REKR, a market leader and a very different share price. This time I will stick around for a big win.
