Friday, March 17, 2017 10:46:31 PM
They lost about $27 million for 2016, though that was about a third of the $66 million they lost in 2015 They seem to be growing revenues nicely and reducing net losses as well as debt.
Financially they are trending well, it seems. But this is not yet a profitable company.
I agree this is a good opportunity to double your investment from these levels perhaps within a month or less.
Longer term, if they continue to perform well and become profitable we could be looking at a $10 stock.
Disclosure:I took a large position down here, and am now averaging just under .04, so in the red as of today but feeling like I have a sound investment.
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