Asensus Surgical Inc (ASXC)

[DFH84]

I can't answer for them, but like I said before, I suspect they were A) too lazy to change all the marketing material, or B) left it like that on purpose, as "tiny $2 stock" sounds much more enticing than "tiny $4 stock".

The biggest issue with their "pro services" business model, is that you have to pay them upfront. They have no incentive to care how well the stock actually performs, because they have been paid their $2k per subscriber upfront.

Their ongoing regular subscription service however has to be performance based, otherwise people will unsubscribe and the money will dry up.


Aside from the above, the only other thing I can think of, (and it's unlikely) is that stock gumshoe got their analysis wrong, and the "tiny $2 stock" they are pumping is actually a company other than TRXC.