While everyone is YOLOing short squeezes an 800lb gorilla is being constructed behind closed doors deep in the heart of Texas. That gorilla is the next big cybersecurity firm. Today it sits in relative obscurity but that's all about to change thanks to one man.
This Guy https://www.actiac.org/bio/tony-scott-1was the EX- CIO for Disney, Microsoft, VMware and the Federal Government. So after that what did Tony do? Well he retired from CIO life and started a consulting firm headhunting upcoming security start-ups for family offices. Sounds pretty cush, I know. Then a friend of his contacted him about a company they were familiar with, that had been working with the DOD for like 30yrs and had some interesting technology. Long story short, the company had developed an amazing new product (Shield) off their long time products called TraceCop and Savant. They also held patents on some very interesting IP. The previous CEO was ousted from the company by the board for his mismanagement of the company and failing to bring Shield to the market as expected. After doing his due diligence Tony came on board as CEO. Why would he leave his cush family office gig and head a small relatively unknown company. In the August 2022 on the earnings call an investor said (paraphrased from my memory) I know you didn't come here to run a company that's even 10x current revenue, to which Tony replied, when I saw the technology I was SUPER IMPRESSED and had to be a part of it.
So what did he do when he came on board to right the ship:
restructured sales approach- new approach is that this technology is a complementary add on to your existing architecture. This product helps your existing security suites preform better.
improving the hardware specs and product performance on Shield
reworked go to market strategy by utilizing mssp's rather than a in house sales force
developed two new Shield products that are not hardware restricted. Shield Cloud and Endpoint. They are currently in demo and based off what he said in the August earnings call should be going live in the next one to two weeks. (this is the most important part IMO)
Their addressable market is all Business' and government.
Their products have unique attributes that differentiate them from all the other cyber security products. They are a zero-trust product. Most security products use signatures and inspect some but not all data. Shield inspects everything both directions. You'll need to look into this more via their website, this is just a brief overview
last quarter earnings would have been up 70% on revenue but the payments on their new business dealings were pushed in to q3 because of where they fell on the calendar. they improved there gross margins as well which are in the 60's. The new cloud and endpoint product are going to allow their technology to roll out and be demoed much faster. This is the beginning of a very bright future.
People wonder how to find big name companies before they become huge. Sometimes it's just being in the right place at the right time. I'm long this company, but hey what do I know. You should do your own due diligence. If you want to look into it
search youtube for video entitled: call with management- intrusion(intz) from Breakout Investors
their is an article from june 2022 on seeking alpha titled
Intrusion: New CEO Brings Credibility Back To The Company
read that
lastly but not least look at the companies q-10 and listen to the last earnings call(August 4 2022).
Tony didn't come to manage a tiny company. He came to build a behemoth, a legacy, and the ground work is laid.
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