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Friday, 01/06/2017 7:54:20 AM

Friday, January 06, 2017 7:54:20 AM

Post# of 54521
Prepare for an acquisition announcement . The 2016 revenues only mean one thing : the company has stopped or has severely scaled down production. I don't care what the company says. When you have a better product line (+GSA contract), improved customer awareness, much larger retail footprint (+ deployment in Europe) than two years ago you just can't produce (much) worse revenue numbers three qaurters in a row, it just doesn't happen unless you have severly cut down production. Being kicked out of the Nasdaq did not help financing and access to capital has become a nightmare. Still the company continues to announce new products and new business opportunities. This only means one thing to me : an acquisition is under way. Likely the chinese but who knows. We shall find out in the coming weeks. Note : this is my own opinion which is only based on publicly available documentation.
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