Note:
I have previously covered Pareteum (NASDAQ:TEUM), so investors should view this as an update to my earlier articles on the company.
Two months ago, I discussed why the recent success story of emerging Communications Platform as a Service ("CPaaS") provider Pareteum Corporation (TEUM) doesn't pass my smell test.
In particular, I scrutinized the value behind the company's self-introduced key performance metric "36-Month Contractual Revenue Backlog" after doing some quick back on the envelope calculations on two recent, material contract announcements. In short, judging by the contract descriptions