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ireadthefins

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ireadthefins

Re: TrendTrade2016 post# 3144

Thursday, 10/25/2018 11:52:10 PM

Thursday, October 25, 2018 11:52:10 PM

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IMMY What do you think is driving this accumulation? At today's close, the market is now valuing the company at ~$90MM. Sales revenue has been ramping up at about 70% YOY as of 6/30/18, and the company will probably report annual sales revenue of ~$40MM. Still, not yet profitable as there are losses from operations in each quarter. Income from deconsolidation of subsidiaries is the only thing somewhat improving the bottom line. What is the company's strategy to become profitable?
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