COMSovereign Holding Corp (OTCPK:COMS)
$ 0.205 0.0375 (22.39%) Market Cap: 553,000.00 Enterprise Value: 22.44 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 39/100

COMSovereign Holding Corp at SRAX Sequire Rocky Mountain Microcap Conference Transcript

Nov 03, 2021 / 04:56PM GMT
Release Date Price: $139 (+3.73%)
Dan Hodges
COMSovereign Holding Corp. - Board Chairman, CEO, & Co-Founder

(audio in progress) so that's what we set out to do on our mission in that we either have to develop -- in order to get to that point, we either had to develop very quickly or acquire certain things to fill the gaps there. We saw the gaps of technology. For instance, you have a backhaul, you have a fiber, you have a fronthaul, you have 5G. And as Dustin McIntire, our CTO, said, software has eaten Telecom. So now you have a mobile edge compute, and most things are done in software to be able to handle the vast majority of all the IoT devices and how they operate together.

So we have made 15 acquisitions in there and as one might expect over 2.5-year period. If you do 15 acquisitions, you'd have some integrative issues to deal with, and we have done a big part of that. We are still at about a $2 million per month burn that's going down to about 23% to 25% less than that in the next 60 days for our integrated plan. And I want to show you now some of the things here.

I'm going to violate one of my own maxims, and

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