From the quarterly:
PaaS Business
As discussed in the Prospectus, part of the market offering for the Company is Platform as a Service (PaaS) solutions. In Colombia where the Company sells direct, these solutions involve the supply by ImEx of hardware as well as software and hence require upfront capital expenditures (recovered over the life of the contract).
Activity in the Company’s PaaS business in Colombia has been stronger thane xpected through the period, with three significant contracts coming to fruition during October. These capital expenditures require financing either by the Company or by external third-party financiers, and with potential additional PaaS contracts in the pipeline, the Company is exploring ways to efficiently finance this equipment to enhance profit margins and accommodate the cost of capital.
Could this be the reason for the road shows being conducted?
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