Replies to post #34919 on Savvy Trades and Investments

[bbotcs]

hweb2: MKRS seems to be going nowhere. If it drifts into the .40's, I'd might be tempted to add shares.

[Knowledge is King]

Bottom dropping out of MKRS($.12), down 45% today on this 8-K news after the close Friday...




Item 8.01

Other Events.




On October 7, 2019, Mikros Systems Corporation (the “Company”) received notice from Program Executive Office Integrated Warfare Systems that the Adaptive Diagnostic Electronic Portable Testset (ADEPT) program will not be funded in fiscal year 2020. The Company will continue to fulfill its current obligations under outstanding engineering services task orders previously issued under the program.


ADEPT is the source of the bulk of the company's revenues :(