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Wednesday, May 16, 2018 12:09:50 PM
I’m going to be blunt, I think sales and marketing has failed miserably in developing our market and customer base.
I am confident that this price is ridiculously low given two factors. One is that we have an insider and executive that is more than willing and has demonstrated his ability to purchase large amounts of the stock at $3.60 a share. That’s a great thing and I’m grateful for his investment. The second is the value of this company given its tax loss carry forwards. I’ve talked about this several times and I am convinced there’s a lot of value there to accompany that ultimately acquires us. I think the tax loss carry forwards are probably not worth more than the share price is right now.
In all honesty, despite the pathetic performance of the last quarter, the stock should be trading much higher.
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