Friday, February 24, 2012 7:08:52 PM
They've been treating 2-3 patients per day and they made a deal with Glacier. I imagine part of that to be a small pot of cash to keep them afloat and yes that qualifies as revenue / income. I think they could show a positive income...
If they do then that would be enough to at least bring them near their actual value. At least within 50-75% of their book value (not immediately, but within a relatively short amount of time).
If in the following quarter they showed revenue growth then that is enough for a positive trend line with some stability :)
That is when they will take off to be above their value and some multiple of their revenue...
I think mid 3rd quarter (2nd Q financials) will be the one that pushes us to the $.75 to $1 mark...but if the upcoming ones are very positive we could see $.25 to $.40 (probably just a $.10 - $.20 though).
Those are just my thoughts though :)
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