What are the expectations for BMKS? There are two main tracks it can take :
1/ The cost cutting measures they are undertaking now work and they control overhead and produce a profit. This would enable them to : a/ Sell all or part of the company at a fair price. b/ Go back to a growth mode with new products and markets. Both a/ and b/ would increase the stock price.
2/ They can not control overhead or the bottom drops out of ZOOM, which accounts for 90% of their sales and gross profit. This could result in :
a/ Chapter 11. b/ Fire sale of assets. c/ Reverse split to attempt to bolster stock price.
Any of the above will result in a further decline in the stock price.
The 10QSB filing and contents leads we to bet my money on 1/. They will control overhead and gradually emerge from the pit they dug for themselves. My stock price target is 5 cents by March.
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