I agree. Clearly they are sick of the stock and previous missteps by the company. However, I believe last quarter represent an inflection point. The market has not got it yet and probably won't until the numbers are given for the next 10q.
Last CC indicated both debt lines have been handled. Fortis successfully been paid down and Excelsior coming to an agreement wit REMI whereby a joint venture and collateral in a dental scanner company (Condor scanner) will satisfy the debt.
China is booing, of that there is no doubt. The issue has been the non-China business not screwing everything up. The last quarters indicate constant improvement. I think REMI is almost out of the woods and should certainly be priced far higher than it is presently.
Non-China business trends.
Last numbers are last quarter (q4). Note, increases in revenues and reductions in costs.
Revenue - 414000 434000 724000 1365000
Gross Profit 158000 174000 368000 802000
GA - 634000 538000 571000 410000
As of last quarter company was profitable on a GAAP and cash flow from operation basis.
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