![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, November 04, 2003 10:04:55 AM
The good news is that they seem to be acting like a real company after years of flat out lies and BS. Unfortunately, they have yet to announce a single meaningful sale which I continue to find suspect. These guys need to instill investor confidence in a very big way. The benefits would travel far beyond potential profit for shareholders. A solid stock performance would also aide them when trying to sell their product to retail, OEM, and other channels, as it would be an indication of solid company performance (which is currently severely lacking).
The recent eight day skid is typical of SEVU. They ran up based largely upon the recommendation of Tom Calandra (CBS), rather than as a direct result of anything SEVU did or said. Calandra brought many new investors to the table and SEVU had a perfect opportunity to announce something while they had a large and attentive audience, but as usual they said nothing. I have a hard time believing they'd remain silent if they had anything meaningful to report, which suggests to me that they have nothing meaningful to report.
In spite of all this, I remain cautiously optimistic. Personally, I haven't been impressed by the current mgmt team, but to their credit, they inherited a very screwed up company and they seem to have quietly cleaned it up and can finally focus on becoming profitable. I don't consider their technology to be anything revolutionary or particularly special, but it certainly seems to be marketable and potentially profitable. Let's hope!
FEATURED ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM