Management to me is 'in over their heads' IMO. They have received many approvals and certs which was good and I won't take that away from them, but at some point (more so long ago) needed to really set sail here. They needed wind in their sails in the way of sales.
I mentioned MANY times here about 'TIME'. IMO, too much time has paseed and with that debt accumulation has compounded and to really pull out of the nose dive quickly will be difficult. They will get a TSA order...I honestly don't think that's enough. They mentioned some sales outside TSA....my honest opinion is that with the two products, lumpy sales cycles, competition, a bloated debt and expenese...I just don't see them ever really "getting to where they need to be". This isn't to say they are 'going under', but it's always a concern. You can't operate indefinitely at a loss. At some point, it catches up with you. It's like credit card debt, at some point it just gets too great to pay back given income and other expenses. It's just taken too long.
A sale of the company is paramount at this point and I believe in the best interest of shareholders. The company doesn't have 'to prove' themselves, they are beholden to shareholders, not their ego's. They gave it their best shot, I honestly just don't think it will ever be enough for this company to get even close to where we all had hoped, many years ago.
