Nir was very upbeat going forward. It looks like the USA will be very fertile ground and that the sales cycles will not be as long as they normally are when dealing with govt departments. As mentioned by another poster we should have some good news in early 2019 in this regard.
The tenders we won in Israel have been held up due to the relevant departments budgets being frozen for political reasons but this will be resolved shortly.
Traffilog is going very well. I expect this to be a major source of revenue.
The 2 NDA's are still progressing well but names cannot be released. Nir did mention Mobileye at one stage. There is no set date as to when these names can be released.
Nir was confident that 2019 will be transformational and mentioned that revenues will be greater than expenses.
I like the concentration of efforts now in the USA who have a steep history of Israeli tech adoption and eventual takeout.
The current share price is a fantastic option play on a technology that has no peers. I am confident that next year this fact will play out and the share price will be many multiples of where we are now.
ELS Price at posting:
54.5¢ Sentiment: Buy Disclosure: Held
