Smallcapvoice.com, Inc.

OTC : ITOX August, 29th Investor Conference Call

Informações:

Sinopsis

Cliff Emmons, CEO of IIOT-OXYS, Inc. (Oxys) stated, "We're pleased to announce the first half year of revenue in 2023 was a significant improvement over the same period in 2022 (an increase of 376%) and sustained the revenue momentum achieved throughout 2022. We expect this momentum achieved in the first half of 2023 will continue through the remainder of 2023 - given adequate funding to fuel sales & marketing efforts. Our leadership team also managed costs well, lowering operating expenses by 24%. Our strong six months revenue and our confidence this momentum will continue through 2023, and beyond, are based on the following factors: Our current DOT Bridge Monitoring Contract and overall Structural Health Monitoring ("SHM") vertical is the foundation of our revenue momentum. The current monitoring revenue will continue through the second half of 2023, with the previously approved expansion to continue beyond June. We believe our discussions with our main contractor to the DOT for extensions and expansions