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Thursday, June 01, 2017 12:21:59 PM
Good luck with that.
The company signed a deal earlier in the year with a major European OEM and only expects a few million in revenue over a long period of time with that agreement for the addition of the PrintRite3D suite software to their printers.
While the company has this new alliance in place, I'll believe in that revenue driver when I see it. The company has had it's own printer for a while now and hasn't made much, if anything to date.
Nobody knows how this company will fare over the next few years, but one thing I'm betting on is that they'll continue to dilute shareholders to raise capital. Buying out/merging with Morf3D, which is a brand new company and unproven, will only increase the risk significantly. If Cola is leading all of these companies forward then I think that's also another additional risk factor.
After the first quarter FINS, they need to start making money from somewhere, and fast.
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