yield and rufff,
These little companies should exercise a little more discretion when they're announcing contract values that are 10 times larger than the companies present market capitalization.
When EKCS announced their selection as a contractor in the $500M IBDSS program, they announce they estimated the value of the contract could be up to $120M for them....and they even rounded down $5M, lol! The point is, they never used the $500M number in their press release becaue it would have been misleading.
In a world where GORX has class action suits piling up against them because they were a little vague when they announced an FDA approval and forgot to include details that it was a "510K device approval"....companies can never be too forthright. Personally, although I'm not invested in GORX anymore, I think investors should have been able to figure that one out for themselves....and don't think GORX was deliberately misleading.
"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854
