Ignorant hopefullness or calculated risk? hmmmm. Thats a tuffy. I'd like to say my money spent here was calculated risk that the company would at some point put out financials and a shareholder letter, which now has come to pass.
What happens next is up to the larger market (company has less than 200 folks who own stock), but it is interesting to note that even if the OS was maxed out to 4B, a pps of .001 would give it a market cap of four million.
The financials were for 2009 and do not reflect a lot of new business that has or will come online to produce revs for 2010.
The company seems to be overcoming the challenges of 2009 with increasing revenue gaining momentum.
My way of thinking is that another year down the road, perhaps we will see Safeguard franchises popping up in cities all over the USA, Mexico, Columbia. Much of the high margin component is electronic.
Some areas are of such high growth a bottleneck has been created and once dealt with we will have a new market in the Nuclear industry, which the company says could potentially double the size of the company near term.
We should soon be seeing more pr's on Mexico and company training facilities Im hoping. Either way, I dont expect the company to begin servicing debt from revenues till last quarter this year.
If the company needs to sell more stock, they need to expand shareholder base which is not happening despite good pr. NOw that the company has announced its intention to service debt from revenues, I expect we will see a little more transparancy in the form of more financials showing revenue growth. That can only be a good thing IF everything pr'd is true.
Could be a monsta sometime but not anytime soon. I do not mind if Im wrong and shareholder base doubles over next quarter. All in all, its a pinky and anything could happen over the next six months. sshs is down but not out despite the best efforts of some to discredit the company and stock.
Lets see what happens this week but for sure this thing is overdue for some kind of run!
