Tuesday, November 03, 2020 11:54:37 AM
Maybe so - but the momentum is building on their other products and Press Releases, even for small wins on Rx400 portend significant growth ahead.
They air frighted 600+ units to distributors - I would say that is a SIGNIFICANT milestone - not a lot of volume but does demonstrate the need and the desire to fill orders.
Also remember they paid off some debt with CASH - something is going right.
They also re-located mfg for the RX3000 to a ISO Certified Mfg Facility for high volume production. You can say it was a delay and all the other stuff to try to question what was said in the past - but the bottom line is they saw a need, realized they couldn't satisfy the future demand with the old strategy, so they took bold action to set a different course, rationalize the supply chain and use a high volume ISO certified facility to guarantee quality and delivery - not sure how that is bad but hey what do I know.
Deny all you want and suppress the good news but the inevitable is going to drive this up. Is it a $1 stock - probably not in the short term - but it will definitely reach new highs in the near term.
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