Management predicts rev and earnings growth for 2012 and beyond. Annual revenues will likely be around 20m for this year, nearly a double of 2009 revenues. Bottomline has also improved. They were in hiring/investment mode last year and that affected the bottomline despite the rev growth.
Yesterday's big volume was a positive. It was the biggest volume day since the NCR related buyback days, which ended in late 2010. Chris Lahiji of LDMicro was on conf call. Good to hear new voices on conf calls.
A double to triple gain from here(30cents) is possible by EOY. But first a couple of successive quarters of good earnings are needed. OS and float are very small and big moves are possible.
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