Digital Ally Inc. (DGLY)

[Captain_Chaos]

DGLY almost out of cash AGAIN

Cash and cash equivalents $ 910,977
That only lasts about 1 month for these guys

time to issue / dump more shares on the market

The Company reported an operating loss of ($1,802,213) for the three months ended March 31, 2017 compared with an operating loss of ($2,337,895) in the year-earlier quarter. On a sequential basis, our operating loss improved to ($1,802,213) in the first quarter 2017, compared with an operating loss of ($4,013,995) in the quarter ended December 31, 2016.

A net loss of ($2,032,955), or ($0.36) per share, was recorded in the three months ended March 31, 2017, compared with a net loss of ($2,313,125), or ($0.44) per share, in the three months ended March 31, 2016.

On a non-GAAP basis, the Company recorded an adjusted net loss of ($1,256,544), or ($0.22) per share, for the three months ended March 31, 2017 compared with a non-GAAP adjusted net loss of ($1,760,047), or ($0.34) per share in the year-earlier quarter.


it's geting BETTER but still losing a lot
wonder what the LEGAL fees are like

http://www.einnews.com/pr_news/381192959/digital-ally-inc-announces-2017-first-quarter-operating-results