Thursday, November 15, 2018 11:50:56 AM
Q2 revenues over $10m Q3 $9m in blue and white in the 10Q big drop
you are comparing to last year Q3 which was a completely different company and a pointless comparison as you know but like to use to support your position.
what is "dollar swapping revenue" revenue is revenue from sales like the contracts to repair and install new lines/service on towers.
I am impressed the operating loss was much smaller as I stated - but this was due to the accounting of the shares given as salaries, not the gross margin on the core business which as been my issue for the last 3 quarters and hasn't really improved yet.
I was expecting some growth - just read all their prs about $1m orders this week etc... but seems that was just an attempt to keep investors happy while no acquisition #3 or #4 on the horizon.
They need to grow revenues (by acquisition is fastest if it doesnt dilute things) and keep improving margins. Still not good enough shape to re-invest in since I got out on the RS announcement. A shame as I like the business and am looking for 5G investments and this is one of the OTC stocks solidly in that market
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