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Message: Quarter 1 Revenue increased for 2021

IMO rev was light in Q1. We're supposed to be on a sequential quarterly growth trend. I wouldn't have expected $8-10mil CAD, due to some reasons cited, but closer to $5-7mil CAD would have been more acceptable.

Brings back my concern about no new Orders since last July. Need to keep the backlog healthy. Cannot rely too much on Raymond.

On a positive note, the over subscribed placement bringing in approx $7-8mil CAD showed a lot of interest. They excercised warrants and over-allotments.

Talk of a big board must mena the are quite Bullish.

Will listen to, or read CC transcript later

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