Jun. 4 at 1:07 PM
$AWRE
Reasons I’m buying at these levels (in no particular order)
-
$19M cash and no debt. Ridiculously small market cap. Enough cash runway for 1+ year
- Amlani has been with AWRE for ~16 months which aligns well with typical federal procurement award cycles. He obviously has deep connections with government officials
- TSA Gold+ is in active procurement right now. AWRE’s platform is exactly what every Gold+ proposal needs. Prime contractors are assembling technology partners today.
- Amlani was quoted in a recent New York Times article on TSA Gold+
- World Cup starts soon, creating max political and bureaucratic urgency around airport biometric deployments
- Lots of recent insider buying. Side note, John Stafford III now owns over 5M shares
- DHS active CRADA agreements confirmed
- Revenue Operations Specialist hired in the last week indicating an increase in upcoming commercial activity (banks / financial institutions etc.)
