InvestorsHub Logo
Followers 2
Posts 241
Boards Moderated 0
Alias Born 03/11/2014

Re: None

Monday, 05/19/2014 1:38:52 PM

Monday, May 19, 2014 1:38:52 PM

Post# of 2353
I can't get why they would drop their forecast when last year the company grew every Q over Q and hit around $1.2M in Q4. If you simply extrapolate 2014 Q over Q growth from last year at 10% ( not counting the Q1 drop with the new CEO) you end up with $6M anyways.

I am still optimistic but the powerpoint is odd with no mention of the actual growth/marketing plan. It's mostly organizational changes (rebuilt R&D desks?)and hires and the OTC/startup world is littered with the corpses of companies that cash up and think the path to success is through hiring senior managers and office renovations. Hopefully Q2 will be good and the powerpoint will focus on results and marketing initiatives and not new soap dispensers in the ladies bathroom.