Paysign Inc (PAYS)

[collinmcb]

I spoke to management and they said that 1Q17 is their seasonally weakest quarter. They backed off their more bullish comments when I spoke to them during 4Q. I own stock, but I think people need to manage their expectations into 1Q17 (reported mid-May) given 1Q15 revenue was -68% q/q (though 1Q16 was flat q/q). I think flat q/q from 4Q16 is a bullish outcome, but down 15% q/q is a more reasonable assumption.