16 November 2024

Howe Street Reporter Title

Tag: infosec

  • Plurilock (PLUR.V) lands $19 million deal, largest in their history

    Plurilock (PLUR.V) lands $19 million deal, largest in their history

    Yesterday, just before noon Pacific, Plurilock Security (PLUR.V) was halted on the TSX-V. The reason for the halt was left unsaid, but this morning the company dropped its news and, yeah, worth the wait. Plurilock Security Inc. has won a record $19.3-million (U.S.) cybersecurity contract with a semiconductor company listed in the S&P 500 index,…

  • The Plurilock (PLUR.V) rip is over: But is that the end of the play?

    The Plurilock (PLUR.V) rip is over: But is that the end of the play?

    Regular readers know all about the Plurilock (PLUR.V) story, but for the uninitiated, here’s the short version: Canadian infosec tech company with AI-based ‘continual ID check’ IP, dozens of big US and Canadian clients bringing in $70m+ in annual revs Long undervalued due to low margins and weird local aversion to tech deals on the…

  • Plurilock (PLUR.V) enters new phase: PP unlock passes and shares zoom

    Plurilock (PLUR.V) enters new phase: PP unlock passes and shares zoom

    Long time readers will be familiar with the Plurilock (PLUR.V) tale that’s been unfolding over the lst six weeks. The coles notes: Infosec company with great revenues had struggled for years to find strong hands, needed a financial re-org Rolled back stock and the floor fell out of the share price New crew took the…

  • The Plurilock Security (PLUR.V) all-star lineup keeps growing

    The Plurilock Security (PLUR.V) all-star lineup keeps growing

    Canada-based information security company Plurilock Security (PLUR.V) has been adding new bodies around the board room with almost monotonous regularity of late, and today they added another to what’s beginning to look like an all-star lineup. [Supply chain and distribution expert Brian] Aebig is a 35-year veteran of the IT (information technology) industry, having served…

  • So I was wrong: Plurilock doesn’t do $40m in revs. They do $70m.

    So I was wrong: Plurilock doesn’t do $40m in revs. They do $70m.

    Government work is a cyclical business, and it turns out one financial quarter isn’t always like the next. So when, late last week, I told you this, I was, well, wrong. Here’s what we do know: Plurilock earns a decent CAD $43.6 million a year in revenue based on the last quarter financials, which doesn’t include the…

  • Turnaround Tale: Why Plurilock (PLUR.V) sucked, and what it’s done to fix itself

    Turnaround Tale: Why Plurilock (PLUR.V) sucked, and what it’s done to fix itself

    Plurilock (PLUR.V) has been underrated by the market for way too long. We’ve told you about it a few times, and each time we did, the stock moved a little until long underwater investors took the chance to churn out at a slightly higher than usual price, sending the stock back down and frustrating any…

  • Plurilock Security (PLUR.V) adds new tech patent and extended credit facility

    Plurilock Security (PLUR.V) adds new tech patent and extended credit facility

    After a month that Plurilock (PLUR.V) shareholders would rather forget stock-price-wise, the big brains at PLUR-HQ have dropped two pieces of news, both of which are substantial in my opinion. The first is, potentially a monster: Plurilock’s snared a patent approval for its core product, which follows a computer user’s rhythms, habits, typing style, and…

  • Chris Parry’s AI Update: Three AI companies with real world business

    Chris Parry’s AI Update: Three AI companies with real world business

    Welcome to the latest edition of the all singing, all dancing, all set to take over humanity and bring about the singularity, AI Markets Update. This week, we see one company ripping on the back of pioneering work, another rolling on the back of consistent B2B contracts, and another zeroing in on its core business…

  • Chris Parry’s AI Update: Three AI companies with real world business

    Chris Parry’s AI Update: Three AI companies with real world business

    Welcome to the latest edition of the all singing, all dancing, all set to take over humanity and bring about the singularity, AI Markets Update. This week, we see one company ripping on the back of pioneering work, another rolling on the back of consistent B2B contracts, and another zeroing in on its core business…

  • Real AI isn’t a ChatGPT app: Plurilock’s artificial intelligence used by 600 companies

    Real AI isn’t a ChatGPT app: Plurilock’s artificial intelligence used by 600 companies

    Ian Patterson’s AI powered information security company, Plurilock (PLUR.V) does business with military, intelligence, government, academic, and corporate institutions, but when he shows up to a Burrard Street cafe to chat with this reporter for an hour, he doesn’t hop out of a black SUV with tinted windows, and there aren’t black-suited bodyguards surrounding him.…