LeoNovus Inc. provides revenue guidance for the full year of 2019. For the period, the company announced the expectation of revenues in 2019 from a major Canadian bank for work on three projects. In Q1, the company announced the cancellation of the first project and the delay of the remaining two projects until later in 2019. Given the turnover in staff at the bank, and internal technology changes, the company have no information that the remaining two projects will proceed and hence no expectations of purchase orders from the bank in 2019. The company is now in discussions with the bank regarding how they can use Smart Filer to address their on-premises storage growth by moving their cold data into the cloud. The company’s legacy Vault technology could also be part of the solution if the bank decides that it needs a secure multi-cloud storage solution.