Tuesday, November 19, 2013 7:30:22 PM
These guys are running this company acting like it's doing $10M a year in revenue when, based on this year's revenue and earnings numbers, it is quite clear that it is a ~$5M/year revenue company.
Why is there such a need to show growth? What's better: a company doing $4M a year in revenues with $400K a year in profits, or a company doing $6M a year in revenues with zero profits? The stock market says the former is. Just compare the current stock price now vs. where we were at a year ago when the company was showing strong profits. And last year we didn't even have the "benefit" of this "strategic" IR firm yet the stock is way down!!
If you need to get ahold of me, shoot me an email as I'm no longer a paying member.
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