Crossroads Systems Inc fka CRDSQ

[hondaboost]

Here is its Ugly Financial:

Fiscal Q4 and Full Year 2015 Financial Results
Total revenue for fiscal Q4 2015 decreased 32% to $1.8 million from $2.6 million in the same quarter a year ago. The decrease is primarily due to lower revenue from our SPHiNX OEM and StrongBox products.

Net loss available to common stockholders for fiscal year 2015 was $9.3 million or $(0.48) loss per share, compared to a net loss of $9.7 million or $(0.69) loss per share in fiscal year 2014.

Year after year, it has had big losses and accumulated debts!

It's NEVER made a penny.

Now, it's lost the lawsuits. Next, will be shut down!