I dont deny that they might have a blowout quarter. If they will do 2 million in sales, doubling last quarters performance thats great! My point is, it doesnt matter. They will not be profitable! I know theyre making progress. They just cannot survive at this pace. They need a cash infusion, and they need it yesterday.
Unless some VC or hedgefund comes forward with a credit line...but thats unlikely due to their history of credit...but I dont know enough about how those deals work to even comment, so I will leave it alone.
Not saying it isnt possible, just becoming more unlikely everyday. In unrelated news, solar sector booming again! Real companies making real progress and real money! MY CSIQ is on fire! But you would expect that from a company that runs 21 % net profitable margins!
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