Tuesday, November 19, 2013 7:30:22 PM
These guys are running this company acting like it's doing $10M a year in revenue when, based on this year's revenue and earnings numbers, it is quite clear that it is a ~$5M/year revenue company.
Why is there such a need to show growth? What's better: a company doing $4M a year in revenues with $400K a year in profits, or a company doing $6M a year in revenues with zero profits? The stock market says the former is. Just compare the current stock price now vs. where we were at a year ago when the company was showing strong profits. And last year we didn't even have the "benefit" of this "strategic" IR firm yet the stock is way down!!
If you need to get ahold of me, shoot me an email as I'm no longer a paying member.
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM