Gustav, first, the "crickets" of a week and a half ago sure departed today all of a sudden, and we even have a new moderator on this board.
Second, I'd like to expand on the comment you offered about the need for a profitable quarter. This is a company with a June 30 fiscal year, so we will see fourth quarter and full fiscal year numbers in mid-October rather than in mid-August. This also infers that the results of the first quarter of FY2016/2017 (which technically is the "current" quarter) will be seen just a month after we have seen year-end results. Accordingly, the company will need both bottom lines - the last quarter of the full year and the first fiscal quarter of the new year - to be positive.
...because then we enter into the tax-loss selling season which tends to run from mid-November to mid-December, and virtually everyone who's in the stock is under water right now which means more downward pressure on the stock unless it substantially recovers to the prior trading range of 2 cents to 3 cents.
Given the trend of improving gross margin percentage coupled with press releases that surely give the impression of increasing sales volume, I'd actually be optimistic as regards the results for two quarters from April 1 through September 30.
But what would really be perhaps even more meaningful would be for the company to speak about capital financing plans - whether at the one extreme it will just capitulate to conversions from debt to stock at low stock prices or whether at the other extreme the primary owners would almost take the stock private by loaning funds to the company to take out Typenex and others.
We'll see soon enough, I guess....
