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Re: otcbargains post# 164531

Friday, 12/19/2014 3:53:09 PM

Friday, December 19, 2014 3:53:09 PM

Post# of 173936
Good luck on MFCO. No the large order is not recurring, which is why I pointed out the weak financial results throughout 2013. So seems like a stretch to say they will get another large order next year. I see a backlog that has dropped sequentially the last 4 quarters from $1,331,100 to $1,049,592 to $792,917 to $579,632. Guess I don't understand why the rush to buy now. In the 5% chance they get another large contract. When there's a much greater chance that backlog will continue to decline, as will revenues, with the company reporting losses again in 2015. The liquidity which is already terrible, will get even worse.
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