THIS IS THE END
This last Q4 FY2017 (Jan-Mar 2017) was the best Revenue Quarter they have had in 2 years. But they were only successful at shifting orders to fall within that particular Quarter. So they could try to get an Equity Offering by Staging a "Turn-Around". And it still isn't known what the combined Total Percent Margin is. Or what the Net Income / Loss is.
The have tried a few times over the past several weeks to get things going. By using the same "Script" they have always used. But they just can't seem to get on that "Special Roll" going. Investors seem to be calling their Bluff. This time it looks like the Company is on its own.
So, it stands to reason that the PPS has Maxed-Out as well. And now, with everything ahead looking worse than it has in 8 years, the PPS is set to explore even further lows.
Right now the PPS is at a Pre-Split level of $0.038 Cents. And the 36M OS is at the highest it has ever been, at a Pre-Split level of 720,000,000 Shs. Wow !!! ... The OS Is heading towards a Billion Shs !!! ... That's a perfect scenario for another Reverse-Split. After they flood the OS with even more Dilution, maybe this time it will be a 1-for-100 Reverse-Split. And they might leave the AS the same, just like they did before, at 515,000,000 .
This coming Q1 FY2018 (Apr-Jun 2017) will be the worst Quarter since Q1 FY2010 (Apr-Jun 2009). The Total Q1 Revenue back then was $13.7M. And that Total Fiscal Year Revenue was only $61.6M (52.8 MW's + Service Rev). Which averaged about $15.4M per Quarter.
The Pre-Split PPS back then was coincidentally averaging about the same as it is now. Around $0.77 Cents. But back then they started to promote that some promising things were the works. Which eventually all fell apart. Then in 2010 and 2011, the Oil Industry gave them a boost. But still, the Profits they always projected just never ever came through.
The big difference now, is that there are No More Stories To Tell. No more false excitement to promote. No more $100 Barrel Oil to ride the coat-tails of. And no more big Russian potential. Basically, nothing to look forward to. The only bright spot that they may have to talk about, is the YoY increase in Service / FPP. Which will never be enough.
Just My Opinion
AI
