I agree. It's been very disappointing lately for sure. We must have some good news with earnings or we may just drop to .40-.50 but I don't think we will go below .60 personally. Too much potential for this company.
Here is a copy of my post from 8/17/13 Post #5550. I guess when earnings comes out we will see if we are close or not.
Revenue rose from $789,000 in Q1 2013 to $1,331,000 in Q2. Based on a case cost of $11/case that's around 71,727 cases in Q1 and 121,000 in Q2. Now if we increase at that same pace for Q3 that should put case sales around 205,000 for Q3 and 349,690 cases for Q4 totaling 748,117 cases this year. BUT THAT'S BASED ON DISTRIBUTION THEN! THIS QUARTER SHOULD BE THOUSANDS MORE STARTING UP AND EVEN MORE NEXT QUARTER! So the million annualized case sales is very possible by Q4. I know they have been saying Q2 then Q3 but Q4 is still an amazing accomplishment!
Gross profit rose from $36,000 Q4 of 2012 to $255,000 Q1 of 2013 to $501,000 Q2 2013!!!! OUTSTANDING!
Operating income went from ($1,091,000) loss to only ($298,000) loss! AWESOME!
Cost of revenue is getting less each quarter too! That's great! It means they are running a tight ship!
Those are great numbers! Pulse should be cash flow positive this quarter with no problem! Why the drop in price Friday? Wo knows but I see it as a second chance to grab up all you can below $1 because we won't stay here long. IMO
