FOMO’s wholly-owned subsidiaries IAQ Technologies LLC (IAQ - https://www.iaqtech.com/) and Energy Intelligence Center LLC (EIC - https://energyintelligencecenter.com/) have agreed to offer UV (“ultraviolet”) Disinfection Robots, designed and sold by a leading provider based in the Northeast, for resale and on a recurring revenue model basis. The machines, which were just made available last year after substantial R&D in the robotics field, establish critical health and safety initiatives that go beyond COVID response and aim to create a safer workplace. IAQ and EIC will be doing a presentation of the Disinfection Robot’s capabilities, including cleaning on a per square foot basis and on its artificial intelligence (“AI”) technology, at PETE&C, a regional forum for educational technology to be held in Hershey, Pennsylvania on February 6-9, 2022. For further information on PETE&C including registration, investors may go to https://www.peteandc.org/.
SOURCE: https://last10k.com/sec-filings/fomc/0001493152-22-001005.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=fomc
Plurilock Security ($PLUR.v $PLCKF) is a real-time cybersecurity solution that uses AI to identify, prevent and eliminate insider threats. Eliminating the need for passwords and extra authentication steps $PLUR provides authentication solutions with the lowest possible cost and complexity.
Yesterday, $PLUR's wholly-owned subsidiary, Aurora Systems, received a US$308,000 order from the US Department of Defense, America's largest government agency that provides the nation with military forces for defense and national security. Aurora will provide the US Department of Defense with automatic data processing equipment.
In 2021, the average cost of a data breach increased from $3.86M to $4.24M, emphasizing the importance and need for experienced cybersecurity and IT service vendors to implement strong security measures
The order is part of the Solution for Enterprise-Wide Procurement program, a US Government-Wide IT Acquisition Contract Vehicle.
Aligning with Plurilock's stated goal of expanding within the government and defense verticals, this is a significant milestone for them.
$PLUR is trading in the green today, at $0.43 with a $29.97M MC.
https://finance.yahoo.com/news/plurilocks-aurora-systems-receives-us-120000226.html
I’ve been with this company for 7 years. They’re a part of AA, same job for less pay. We work smaller jets but put in more labor than mainline. Our station just raised the hiring wage to exactly what my coming annual raise would be. $15 which is no longer a living wage here. So now after 7 years of employment I’m making as much as new hires and will not receive any adjusted additional compensation.
Also, my rent continues to rise faster than my income. $675 when I moved in, now $1175 after just 3 years. This is amongst the cheapest and most dangerous areas in my city.
I work for the biggest airline in the world, in one of the biggest cities in the country. Nothing is in our favor. They know it and will never care.
Here is the latest print from https://www.usaspending.gov/recipient/1f056498-dda2-f99e-cdc1-ead7bf766a1d-C/latest
Increase of $66.18 million from $215.2 million to $281.38 million. About a 30% revenue increase YoY. An increase of 6.05x since the acquisition of BI Incorporated in 2015. BI was acquired for $415 million in 2015.
I did additional digging on BI. I checked the SEC filings and couldn't find anything on BI as far as Margins or net income. So I emailed the Investor Relations email of GEO, so if they return me an answer I'll update this post.
What I did find was Revenue for BI for YTD 6/30/202. It's hard to see here but Rev was $125.2 million. If we add revenue from Q1 and Q2 of 2021 for all of GEO we get $1.14 billion. So BI makes up 11% of revenue. I couldn't find specific details about the government contracts so I'm assuming the contracts have a one year lag.
Under the GAAP revenue recognition principle, revenue can only be written down once it has been earned, not when a contract has been agreed upon. So it gets written down in increments. That is what we are seeing here. There was a 12.6% revenue increase from 2019 to 2020 or 3.15% per quarter.
53.75 million per quarter for the 2020 BI revenue gives us 9.5% of revenue from the latest quarter. This should be similar to the upcoming earnings revenue. So .0315 x .095 = .3%.
So Bi contributes roughly .3% revenue increase for the next 2 quarters.
We now have a rough model for the BI impact on revenue moving forward. When the US contract data comes out we can predict over a year ahead of time what the revenue increase will be from BI.
If we hold revenue constant for GEO other than BI next year it should contribute a .39% revenue increase per quarter for GEO, or 1.55% for all of next year.
Let's go one step further for fun. The average rev increase for BI is 30.75% per year.
So again holding rev constant for GEO but not for BI the following percentages would be the share of revenue increase attributable to BI on the GEO income statement.
2023 - 2.04%
2024 - 2.67%
2025 - 3.49%
2026 - 4.56%
Remember
... keep reading on reddit ➡
Five times each year Comex futures enters a period of drama as the large contracts (January, May, July, September and December) approach first notice day. It is a display of the paper charade that Comex silver and gold markets are. With only a few weeks to first notice day there are 5 or 6 times as many contracts open as the entire metal available for delivery as registered stocks. And just because it is in the vault doesn’t mean the shorts hold title to the bars, so the key ratio is likely far higher than 5 or 6.
The drama plays out over 3 weeks as many traders either roll their position to a forward month or close their position. Only a fraction stand for delivery. With only a week to go, there are still typically about 3 times as many open contracts as metal in the vault.
This must be a stressful situation for those short silver or whose goal is to “tamp down” precious metals markets. The metals “Tamp Down Team" is a fully owned subsidiary of the “Plunge Protection Team”.
Let’s digress to routine day to day trading in the futures market. JP Morgan was found by the CFTC to be a criminal enterprise from their spoofing operation. From Reuters:
“Between 2008 and 2016, JPMorgan engaged in a pattern of manipulation in the precious metals futures and U.S. Treasury futures market, the CFTC said. Traders would place orders on one side of the market which they never intended to execute, to create a false impression of buy or sell interest that would raise or depress prices, according to the settlement.”
https://www.reuters.com/article/jp-morgan-spoofing-penalty-idUSKBN26K325
JP Morgan was fined by the CFTC for nearly $1 billion for spoofing the market … creating the illusion of supply or demand to manipulate the market.
The LBMA spoofed on the grandest scale in history. They created the illusion of an instant appearance of 124 million oz of silver, in essence a sell order.
First, the LBMA changed their reporting schedule. Normally they report stocks on a one month lag however on March 5, the LBMA changed the lag to just 5 business days. This enabled them to publish new vault numbers BEFORE the roll period of the May contract. If the 30 day lag was used, the published stocks report would be after first notice day of the May contract and would not impact investor psychology or actions.
The subsequent announcement of the stocks report occurred on April 9 just as the roll from the
... keep reading on reddit ➡
For those who don't know about Plurilock, they are a leading Canadian cybersecurity solutions provider that focuses on delivering AI-driven/machine learning indentity-centric cybersecurity solutions.
Key Highlights:
- They have captured US$13.05M in sales from all announced contracts + purchase orders since April 2021
- Customer base includes major US government organizations, US and international banks/financial insitutions and more, which includes NASA, US Dept of Defense, US Dept of Navy, US Dept of State, US Missile Defense Agency, US Special Operations Command, etc.
- They just closed a $4.6M bought deal financing and will be cashed up with roughly $8 million. PR Link: https://www.newsfilecorp.com/release/102793/Plurilock-Announces-Closing-of-4.6-Million-Bought-Deal-Financing-Including-Full-Exercise-of-OverAllotment-Option
- They announced a pending acquisition of CloudCodes, a leading cloud security/CASB provider. Once completed, this will be their 2nd acquisition of 2021 and will enable them to enter the growing CASB segment as most companies now use cloud-based applications/software. CloudCodes has 300+ customers and over 200,000 users. PR Link: https://www.newsfilecorp.com/release/100452/Plurilock-to-Acquire-Assets-of-CloudCodes-Software-Award-Winning-Cloud-Security-Provider
- Patented technology which includes 6 provisional and issued patents. The company started with a research team based out of the University of Victoria who discovered that they could apply behavioural biometrics which formed the basis of continous authentication. Learn more about the technology here: https://www.plurilock.com/cybersecurity-solutions/continuous-authentication/
- Leadership team consists of former executives at Raytheon, Ebay, US National Intelligence, IBM and others; notable board members include Retired Vice Admiral Jan Tighe of th
Graph Blockchain Inc. (CSE: GBLC) (OTC Pink: REGRF) (FSE: RT5A) ("Graph") or (the "Company") is pleased to announce that its wholly owned subsidiary, New World™ is officially launching its Non-fungible Token ("NFT") marketplace and the Augmented Reality ("AR") app.
https://ca.finance.yahoo.com/news/world-inc-launches-nft-platform-060000779.html
Plurilock Security ($PLUR.v $PLCKF) is a real-time cybersecurity solution that uses AI to identify, prevent and eliminate insider threats. Eliminating the need for passwords and extra authentication steps $PLUR provides authentication solutions with the lowest possible cost and complexity.
Yesterday, $PLUR's wholly-owned subsidiary, Aurora Systems, received a US$308,000 order from the US Department of Defense, America's largest government agency that provides the nation with military forces for defense and national security. Aurora will provide the US Department of Defense with automatic data processing equipment.
In 2021, the average cost of a data breach increased from $3.86M to $4.24M, emphasizing the importance and need for experienced cybersecurity and IT service vendors to implement strong security measures
The order is part of the Solution for Enterprise-Wide Procurement program, a US Government-Wide IT Acquisition Contract Vehicle.
Aligning with Plurilock's stated goal of expanding within the government and defense verticals, this is a significant milestone for them.
$PLUR is trading in the green today, at $0.43 with a $29.97M MC.
https://finance.yahoo.com/news/plurilocks-aurora-systems-receives-us-120000226.html
