why aren't all 6 resolved? a statement only gets an assessment when the public
record can support or contradict it. opinions and what-ifs never can, and 0 checkable
ones are still open, waiting for their date. predictions held up or didn't;
assertions are supported or contradicted. on every card:
▮▮▮▮▮ certainty ·
▮▮▮▮▮ debate potential. speakers are clickable
Prediction Not checkable as stated
TimeControl is on track to reach $3M revenue in 2022
“And things are on track for this year to be at about three. So ah, so things are generally going quite well.”
Assertion Not checkable as stated
Vanderslooth bought out his equity investors at 16 cents on the dollar
“In 2006 and I bought them out. And if you added it all up together, I bought them out in the end on about 16 cents on the dollar. But overall it was about 60 cents on the dollar. If you included the debentures and everything else”
Assertion Not checkable as stated
The Federal Reserve rejected TimeControl's SaaS deployment over data localization
“Turns out the Federal Reserve Board of Governors doesn't want to use our SAS. I don't know. I think we're trustworthy, but they went, no, no, you're not even in the country. So, well, you're in the country, but the company's not, so no. The US Coast Guard don'…”
Assertion Not checkable as stated
74% of TimeControl's 2021 revenue was recurring
“74% of our revenue in twenty-twenty-one is recurring.”
Assertion Not checkable as stated
TimeControl generated roughly $700,000 in profit in 2021
“Last year there was about 700 K in profits.”
Assertion Not checkable as stated
TimeControl has never sold software to a company its own size
“We've never sold to a client our size. I mean, we're now, you know, twenty-ish people. But we've never sold to a company of 20 people. Our clients since the beginning have always been kind of conditioned to larger size firms.”