otcbargains undervalued stock board

[SSKILLZ1]

GLGI

I bought a tiny position in the $0.27-0.28 range this week. Here is what I like.

1) GLGI Earned .03 in seasonally weaker q3, with stronger q4 and q1 to come, so I expect even better results in q4.

2) Improvement in operating efficiencies has made them far more profitable by improving gm. I expect results to sustain going forward.

Conclusion: Now the balance sheet is weak, and they are heavily dependent on two customers, hence those are reasons to keep the position super tiny. But it does have significantly potential in my opinion to produce a .04-.06 quarter in q4 which will always interest me for a stock trading in the upper .20’s. Granted you never know with earnings, and as always will add a little more on weakness, but plan to keep the position small based on the risks, and liquidity. All is just my opinion, and I could always be wrong though.