I find it interesting PC made the following comment in today's NR:
""We are very pleased to have Subhash join the Company due to his proven track record in leading technology companies, both in technology development and strategies to create sustainable revenues."
We have been waiting for the NRE announcement(s), but it seems the company is already looking forward beyond that to recurring revenues? That is very strategic thinking.
While NRE payments will be enough to get us on the NASDAQ and industry recognition, analysts ultimately will require assurances that the company has a strategy to provide quarterly growth, both top and bottom line, that is not dependent on one-time NRE payments, no matter how large they may be.