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Re: blademan post# 40860

Saturday, 08/19/2017 3:41:34 PM

Saturday, August 19, 2017 3:41:34 PM

Post# of 61601
Yes I believe

On a fundamental basis, first, things have drastically improved most specifically in the health of the balance sheet and given revenues are most likely sustainable at 40 to 45 million in 2017 and growing revs for 2018 with the new technology products rolled out recently and the recurring revenue model recently introduced, the company can becone cash flow positive that much quicker.

The share price has declined substantially and the toxic debt does need to be addressed.

However, company has stated that the share price decline has not meant that the business fundamentally has suffered
In terms of getting revenue contracts and/or their current business partner/vendor/customer relationships.

If toxic debt shows signs of coming under control and being eventually eliminated or reduced drastically, share price will experience a solid upward correction to catch up with the fundamental improvements.

IMO