RJD Green Inc (RJDG)

[Bobwins]

I think that the company was naive in their assumptions about how quickly they could sell and install the software. Each successive PR has downgraded their stupid sales forecast from $10million to 100K? by fye in August. I think their stumbles put a big question mark on those sales. If we get any sales, they will be very profitable but will they be able to generate any sizeable volume? It's been a year since they reported magical Q4 results that included some initial Iosoft sales. Since then, nothing.

So I'm in the show me camp on Iosoft.

But RJDG remains profitable and no longer has toxic convertible debt. Kudos to mgmt for taking care of the bad debt.

If they can continue generating profits, the stock is stupid cheap.

I have lowered my medium term goals on the stock because of the lack of Iosoft sales but the upside is at least a triple without Iosoft. Imagine what will happen if they can get their act together on Iosoft!