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Re: yeag1717 post# 164612

Friday, 05/15/2020 4:58:03 PM

Friday, May 15, 2020 4:58:03 PM

Post# of 192220
They have their $11 million in cash and the stock...albeit at less than half the price it was when they got it.

But this is now FOUR quarters in a row that the revenue has dropped. There is simply no longer any rationale for the market cap even at its current level.

And Rory is spending money like crazy. Operational cashflow in the first quarter was NEGATIVE $2.266 million, which was WORSE than 2019 Q4, and this from the guy that projected they could be cashflow positive by the end of the 2019...

And his compensation last year was over $2 million.

The BOD is asleep at the switch.

"Harsh reality is always better than false hope"

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