Last 2 quarters stunk for sure. We'll see how Q3 comes in. They've at least cut expenses according to the last earnings PR, so any loss should be reduced. And this commentary about cash increasing $1.7M halfway thru the quarter seemed VERY bullish:
The Company finished the second quarter with approximately $2.3 million in cash and cash equivalents, as compared to the approximately $4.4 million at the end of 2014. As a result of delays in signing certain contracts and the resulting delay in the collection of accounts receivables the total cash and cash equivalents were approximately $4.0 million as of August 14, 2015. This increase was due to operations from the company and not any equity or debt financing of the Company.
Guess nobody believes them. I have my doubts too after such lousy results the first 2 quarters of the year. IF they get back to profitability, stock should be at least a double from here. That would only get it to cash value, so possibly even much more upside.
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM