InvestorsHub Logo
Followers 30
Posts 1043
Boards Moderated 0
Alias Born 07/11/2005

Re: bbotcs post# 9458

Thursday, 04/17/2014 11:53:41 PM

Thursday, April 17, 2014 11:53:41 PM

Post# of 10804
bbotcs...SCKT....I don't post much about this anymore because I want the company to finally start to produce first so I don't have to keep talking about "potential". It's been a frustrating investment but one that I'm still fully invested in (and have actually bought more). I don't know what 1rst Q numbers will bring next week for sure, but 2nd Q numbers should be at a level that starts to put this stock on people's radar again. People may think the company is going out of business, but quite the contrary. The large deals they talked about in the past (Japan, van lines, other 10K+ scanner deals) are still being discussed with more certainty of them being deployed this year. The CEO was in Japan last week and the results of that meeting will be told during the cc call. I know that management is gearing up for an investor relations campaign with a NY firm, independent research report, and presentations to high net-worth investors starting soon. It hasn't started yet because they want to make sure sustained revenue growth is the real headline. The CFO is saying they wouldn't waste the $ doing it if it wasn't a legitimate story to tell. To me, it means the large deals will finally occur and push revenue up enough to get the company recognized. The increasing day-to-day sales of the scanners world wide will extend the story.

In case you weren't aware, I found out through research that their newest partner is Verifone.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.