Saturday, January 22, 2011 4:05:04 PM
I am impressed with their numbers in this Q. It is a company that has been in a developmental stage. It has acquired several companies and has their tech ready to roll now yet only a 400k loss on the Q. That gives me confidence that with growing revenues they will turn profitable in a reasonable amount of time.
Speaking of the companies they acquired I will now look up the details on how they acquired these companies. They are some of the best terms I ever seen and most friendly to shareholders. When I post the info everyone can make their own judgment
As far as the share structure I think most will agree that a 170M OS and a 300M AS is very good especially considering the company is entering into a strong revenue growth phase with a disruptive technology.
They have managed their share structure very well over the years never a reverse split. Past filings make me confident they will continue to mange their share structure in a very good manner. Will they need more money soon? The 10K says yes they will. In the past when they borrow money there are no free trading shares for quite some time. Hopefully this share price rises significantly so better terms can be obtained. That is their goal. That is what making money is all about. You have to spend it to make it.
Again they have managed the spending of their money very well so far bringing several companies in and developed a disruptive tech that appears ready to take the market by storm
Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!
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