Savvy Trades and Investments

[cliffvb]

TIS That new business came up in the comment section. Here's the exchange with the author's response:

treeandsky
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You mention the 8-k but leave out it projects revenue to increase up to 35% as a result of new contract awards. If management is not lying in the 8-k and revenue rises in accordance with their announcement what impact would that have on your short thesis?
30 Mar 2017, 09:04 AM Report Abuse
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ACM Research Team, Contributor
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Author’s reply » Yeah, this language is obfuscated and disingenuous. They say in the 8-k that customers "may" purchase, not that they've agreed to purchase or that they have any purchase orders.

I haven't read the 8K myself but would be worth seeing exactly what mgmt said in it.