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Knowledge is King

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Re: hweb2 post# 34919

Monday, 10/14/2019 12:36:11 PM

Monday, October 14, 2019 12:36:11 PM

Post# of 117320
Bottom dropping out of MKRS($.12), down 45% today on this 8-K news after the close Friday...




Item 8.01

Other Events.




On October 7, 2019, Mikros Systems Corporation (the “Company”) received notice from Program Executive Office Integrated Warfare Systems that the Adaptive Diagnostic Electronic Portable Testset (ADEPT) program will not be funded in fiscal year 2020. The Company will continue to fulfill its current obligations under outstanding engineering services task orders previously issued under the program.


ADEPT is the source of the bulk of the company's revenues :(

The moment a person forms a theory his imagination sees in every object only the traits which favor that theory. Thomas Jefferson

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