OMNIQ Corp (OMQS)

[windough-shopper]

Based on the filing and news I believe ques will be 50 plus late summer, and maybe $1 plus fall or yr end

Here is why

The big savings from cost cuts will b see this yr.....as they were profitable save for non cash stuff pat yr, they could b, should b profitable this yr.....they also said they have largest back log in history

At one time they owed $12 million to supplier Scansource and almost went bust.....Scansource put the whole debt as current so they got a Going Concern, also, suppliers were afraid to advance product as a result so sales suffered

They are way ahead of schedule in repaying Scansource and are down to $2 million...they have a plan to pay it off by June end....that means Going Concern is gone....huge

I expect that and being profitable to propel stock to 50 plus

They keep talking new tech, they keep saying it will transform ques....of tech is sexy, ques will be $1 plus

With 40 million OS even $1 is less then revenue

Stock is a buy