This is a contract business where 1 or 2 contracts can amount to the entire revenue for a quarter. Lose those deals, you’re going to have no revenue. They don’t sell a consumable product. This is a small company and it’s valued like one
Last week I warned people not to expect much from this quarter. We are investing in their cash position and potential to acquire some companies. This is a buyers market and they are in good position to do so
My messages contain many opinions. Please do your own research and validation.