Even at dead money the co is MUCH better off than it was......look at the 10 yr chart.....LMAO !!
The chill, the r/s, the AS increase, the toxic financing, the China deal, the worthless money burning acquisitions, the wifey on the payroll, the worthless youtube pumps, the worthless CEO interview broadcasts.....I could go on all day.
It is what it is...period. The garbage has been taken out,the co disinfected.
These are ALL REAL Facts on this issue.
Net Income for the three months ended June 30, 2017 was $0.15 million, compared to a loss of $0.03 million in second quarter 2016.
EBITDA for the three months ended June 30, 2017 was $0.20 million, an increase of $0.12 million, or 151.9%, from $0.08 in second quarter 2016 despite the reduction in revenue as the Company has reduced costs.
David Sandberg, Chairman of the Board, commented, “On July 7th, the Company made its final payment to Tonaquint which constituted payment in full of the original $2.5 million principal obligation and associated interest. The business is performing in line with our previous guidance and has net cash of approximately $0.73 mm while continuing to generate consistent cash flow. The board continues to evaluate ways to optimize shareholder value.”
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