But Clifford; that is counting chickens before they hatch. They've only done $6.5 million so far this year in revenue; they need to increase revenue by almost 50% in Q4 in order to reach $10 million; it's not going to happen.
Since Q3 last year, this is the first quarter that has more revenue than that quarter, and even so, it's only 15% growth. That's not much at all.
You also have to look at other things. Notice that their customers are 60 days behind on paying their bills. Notice that JAMN's own accounts payable are 3 times the cash that they have on-hand. They're running out of money quickly and there isn't a source of cash in sight.
Like I said, it's too bad we have to wait 4.5 months for the next report; the 10K should be very interesting reading.
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