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  • ICOR $96 Million Insurance Contract

    In Sept. 2013, the Company announced it had began implementation of the first 1,000 trucks for their driver alert detection system. This initial roll-out, which started in September, is the first part of their previously-announced arrangement with a major insurance company to implement a program that could involve up to 80,000 vehicles. In a recent release the Company announced that 1,500 apps for their truck driver alertness app had been activated.

    Based on $100 a month, per vehicle, this roll-out from this one Canadian insurance company alone could mean nearly $96 million in annual revenues for ICOR once all 80,000 vehicles are online and in the system. For the 1,500 trucks potentially in the system now that would equate to $150,000 per month in revenues currently.

  • Reply to

    Short it

    by obboi Feb 7, 2014 7:46 AM
    mrchimpgoestowahsington mrchimpgoestowahsington Feb 18, 2014 11:59 AM Flag

    Look at the RSI... it is below 20 on a 6 month chart. Strong buy for this company!

    Sentiment: Strong Buy

  • Another reverse stock split....A number of years ago I had a few hundred shares. Today it is less than 10 because of all these reverse splits. Has Pisty lost anything in all this?

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