Tuesday, May 02, 2017 8:51:36 AM
Will exit FY 2017 at greater than a $100mm run rate in revenues. The company said they'd be break even at $5mm in revenue, so they should be solidly profitable at $100mm in revenues. The current market cap is absurdly low. Should at least be trading at a $50mm market cap.
I think the next earnings report will provide more detailed guidance for the rest of the year and perhaps FY 2018. They know they need the stock price to be a lot higher to affect a reasonable reverse split.
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