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Re: XenaLives post# 804

Wednesday, 06/19/2013 8:16:17 AM

Wednesday, June 19, 2013 8:16:17 AM

Post# of 814
You've missed the latest filings.
They have been profitable for the last 2 quarters. They acquired their main LOB several years ago and have been building it ever since, spending large amounts on R&D which has kept them in a loss position.
Anyone who followed the financials realized they were headed toward profitability and an inflection point.
It's a solid company, with a REAL business, REAL revenues, and NOW REAL profits.

It didn't hurt that they have a ton of convertible shares at $3 each, though that may limit the upward momentum once it breaks that level.

Meanwhile, I've tripled my money, so I'm happy with it as a solid investment.

I receive NO compensation to post ANYTHING. I AM NOT short this stock.

"The world is a dangerous place, not because of those who do evil,but because of those who look on and do nothing". Albert
Einstein