Coda Octopus Group Inc (CODA)

[Kaad_g]

They've been in business since 2004 and have only 74 mil shares out, and only 34 mil in the float; they are not in the business of selling/diluting shares.

They restructured the last two years, and closing unnecessary and overly expensive office space was one of the ways they become a profitable company. They've really lowered their overhead. It's all explained in their latest financials.

I believe Annmarie Gayle and Greenhouse Investments have one goal in mind, and that's to increase shareholder value (it's in their best interest to do so) and the way they plan on doing this is to create a successful and profitable company. It looks like they are fulling that goal.

Rentals is brand new to them. As far as I know, all of their income has come from sales, not rentals. This is a new facet to their company and a new revenue stream. I think that's one of many reasons why they're expecting to do well this year.