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Re: onewhoknows2much post# 778

Monday, 02/09/2015 11:25:07 PM

Monday, February 09, 2015 11:25:07 PM

Post# of 840
I think they definitely needed a change in leadership. It's been 5 quarters since they were supposed to be profitable - 3rd quarter of 2013. I was encouraged during their conference call in November when they mentioned they will keep future expansion in line with revenues. Otherwise, it will be years before we see any profits from this. We'll see if these new guys can deliver the results that John and Alicia speak about during every conference call. The carrot of "uplisting" seems to be dangled each time as well. Maybe these new guys can achieve it. It's midway through the quarter when they announced the leadership change so for the results for Q4 2014 and Q1 2015 we won't see the full effect of this change; Q2 will be the first full quarter with the new CEO.
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