Thanks. Any thoughts on the possibility of a dividend this year?
That would be a HUGE support to the SP, at least at these levels.
I'm convinced that we are being NSS'd here. As I said, the difference between most stocks and us is that we have cash flow, so 1) we can pay the bills with money out of operations instead of issuing shares to raise cash, and 2) we could (in theory) consider paying a dividend.
Obvious that NSS is going on in this stock. Who in their right mind, other than an arrogant short selling pro, would remotely consider shorting a company with our characteristics (scalable business, huge potential market, low overhead, cash flow positive already).
Am glad that we closed up today, but was disappointed that we couldn't get over .034 by EOD. Company is good, but the stock price isn't. There is a discrepancy between the perception (share price) and reality (value of the business) that is all out of whack. Hopefully that starts to get resolved well before Q2 fins are due out. Why we're not already at 20 cents is beyond my ability to comprehend.
M78
Add: Unfortunately, because of the large share count, a penny dividend would be over $40 million. So I'm sure that a divvy of that size wouldn't be paid (at least not this year). Even a 1/10th cent divvy would be more money than we've made in the history of the company, so I suppose this idea is premature at best. Still, if we continue to book profits and grow revs "exponentially", A divvy in our future would put fear into the NS crowd like nothing else (excepting acctual enforcement fo the rules against NSS, but that's another topic)/M78
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