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Tuesday, 07/16/2013 12:36:34 PM

Tuesday, July 16, 2013 12:36:34 PM

Post# of 62121
Based on what I can tell, the company went public in 2004, spent years on R&D, and began selling product in 2009. Since then, revenues have gone up consistently with 8, 11, 16 and 21 million, with the TTM at 23 million, already indicating even higher revenue going forward. Over the past 6-12 months, they have finished spending lots on future investments, built a strong management team, and have cut costs. These recent developments, along with increased exposure and sales point to a bright future for this company, either as a strong competitor or buyout candidate.

It is fine if you want to come on this board and express opinions about the company, but if you are going to try and convince people this company is headed downhill, at least back it up with more facts than just a few slow volume days. I have followed this company since it was a 15¢ stock, when the volume was only a few thousands shares each day. Recently the volume exploded into the millions, after some number of recent media exposures, and I see this slowed volume as a natural correction to the over excitement of the stock, as is what happens with countless stocks across the investment world. This company is very much still an early stage company, that is just crossing over into profitability. Technology companies, which is what this company is, take a long time to get going, and It is just silly to beat down a company that has shown nothing but improvement since its inception. It is like some people expect fortune 500 companies to be built in the 3 month period in which they have known about them, and if they don't, the company is doomed for failure, in there opinion.
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