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    Richard Deutsch

    Research Analyst at Sutter Securities

    Richard Deutsch is an Equity Analyst at Sutter Securities, Inc., specializing in small-cap and underfollowed companies in sectors such as technology and industrials. He has provided coverage for companies including Coda Octopus Group, where his research has contributed to investor awareness on product commercialization and competitive positioning, though detailed public performance metrics are not available. Deutsch's career includes his current role at Sutter Securities, with his FINRA BrokerCheck listing confirming securities licenses and registration since at least 2001, though information on his previous employment is limited. He holds active FINRA credentials and brings over two decades of experience in securities analysis, recognized for his deep-dive due diligence and proactive communication with company management.

    Richard Deutsch's questions to Coda Octopus Group (CODA) leadership

    Richard Deutsch's questions to Coda Octopus Group (CODA) leadership • Q3 2024

    Question

    Inquired about the structure of the pending acquisition (cash vs. stock), the nature of the target's business, updates on the Digital Audio product, the status of the ship scanning technology approval, and the company's sales exposure to China.

    Answer

    The acquisition will be all-cash (~$6.5M), but details on the target are confidential until the deal closes. Purchase orders for the Digital Audio product are expected from the Navy in September. The ship scanning solution is still undergoing trials and evaluation before broader marketing. The company generated approximately $600,000 from China in the quarter, primarily for offshore renewables, but noted increasing difficulties in selling to and sourcing from China.

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