Right on Fred, if edig can't pull it together this year than they never will. The market is bullish, interest rates are low, content is everywhere, edig has been around long enough to be recognized and the moon and stars are aligned.
The hardest part about owning this stock, and it is easy to forget, is the fact that it is an OTC stock. As such it is and continues to be extremely risky. Most of the OTC stocks are very small, burn a ton of new shares and rarely ever make money.
When management announced we would not make the revenue projection for the previous Q, It took me a while to realize what this implied and meant to the company/stock over the next couple of Q's. To have lost the Q over Q gains with 2 in the bag, hurts. Now we wait at least till the ASM to see if we have 3 Q's of increasing revenues. Keep in mind that we will not see the numbers for this current Q until the end of June.
If they do not have a Fujitsu announcement this Q we will drop big time in the revenue department once again. I am also a bit troubled by the revenues expected this Q. 1.5 to 2 million does not allow for much in the way of IFE monies. Anyone else see the problem with management's projections for the current Q? A couple of large airlines should equate to million or more each, right? If Fujitsu came through it should be for a cool mil. Add in GTW and anything else that is realized this Q and one would expect to see at least 3 million or more in revenue this Q. Just throwing out some thoughts and not designed to piss anyone off or start a debate about my ability to hold my shares till I'm 80, LOL!
Buying is the easiest thing to do, now learn how to sell!
