DTS 6.25% 21.3¢ dragontail systems limited

Ann: Dragontail Systems - Operational Update Q4 2018, page-6

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  1. 799 Posts.
    lightbulb Created with Sketch. 66
    There seems to be some delay in the money receipts.

    The 215 stores that were installed should have at least generated 215 x $200 x 3 = $129,000
    The installation fees for the quarter should be far above 187 x $1,000 = $187,000
    plus any monthly fees earned from the 187 stores for the quarter.
    So there should have been revenues earned of more than $350,000 received only $163,000
    I wonder what the payment terms are. 

    I also have never seen an announcement of a research grant received by the company. Is DTS not entitled to it?

    Research and Development expenses have increased a lot. Does this mean that new products and services are on the way?

    It is good to see that Ido confirms the 1700 installations even though with a slight delay.

    The company achieved about two installations a day in December. This needs to increase to about 8 per day from February to June to get to 1,700.

    Thanks

    K
 
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