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Re: Alvie post# 9997

Friday, 06/09/2017 8:47:02 PM

Friday, June 09, 2017 8:47:02 PM

Post# of 10476
Wasn't much to like in the filing or company recorded announcement. They're basically forecasting the upper end of fiscal 2017 guidance (before they downgraded their forecast <60 days from the end of the year) as the middle range of guidance 12 months out. They're saying - the market has not adopted our solution the way we thought, so we're going to take 2 yrs to get to $6.5-8MM rather than one, and no, we're not going to grow triple digits for years to come, as we stated multiple times - until maybe fiscal 2019. They proudly stated their customers are working side by side with them to 'develop' their offering. As if that's comforting. I call that - spin. Of course I would say the same thing in their shoes - of course. But as a shareholder I don't want to here justifications for lack of revenue growth - I want to see revenue growth demonstrated.
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