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[southacresdave]

Kozuh...SCKT.... I actually have bought $15K+ in shares in the low $1s recently. It's a no brainer. The price is based on them failing as a company? Why? They have no debt that has payments other than the current $400K that management just coughed up (which has a conversion at prices 2x current). They have a great relationship with their supplier so that's not an issue. The stock is down cause they went from the Nasdaq to the OTC market. They spent more cash on the Somo 655 than they expected (and the transition time has hurt them on sales). It's better than them selling 20% of the company to a vulture fund cheap (plus warrants for future growth) to keep the Nasdaq listing. It's taking the company a VERY LONG time to get to the "starting line", but the race should start to get good here soon.

For 3rd Q, the CFO (who I've talked to) still believes they will reach cash flow positive (close to $5M in sales). I'm pessimistic based on their past. It's dependent on strong sales in Sept (the 3rd month of each quarter is always their strongest). But by 4th Q, the Somo 655 will be appealing to a lot of new clients who are demoing it and the scanners will be building with partners too.

I thought the company looked good 12 months ago. I didn't realize that they really needed the 7ci scanner (a 1d scanner to appeal to retail businesses) and the Somo really needed a new model to let companies buy it knowing it's viable for 5 years. Management though pushed R&D hard and planned for it. Now it FINALLY should start playing out.