CXTI.ob filing reveals they recently closed a new deal in China for $17MM US. The stock had been selling off, IMHO, on the belief that there was little if anything left in the sales pipeline. An announcement should be coming out soon, I would think.
They had to issue stock to the consultant that helped them win the contract, but he doesn't appear likely to sell at current levels......
Could be worth a small flyer; stock trades at 0.56 x 0.58.
Earned 0.12 ft, fd in the most recent Q.
Hweb, this has to be the most undervalued stock on a PE basis out there........
I started a very small position today on this filing info. News of the contract win doesn't appear to be widely known yet, as there hasn't been a PR on Yahoo. Could pop up once this gets out.
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