AND THEY WILL STILL LOSE MONEY
They keep PR'ing Revenues and mention noting about
the ongoing losses every quarter.
Look at every single 10Q filings they ALL report massive losses
from operations.
They ALWAYS PR these revenues gains nonsense before they drop the hammer with the LOSSES in the filings.
They WILL need to continue with the TOXIC FINANCING
there is no other way for them and it is a well traveled road.
SAME STORY LAST PR, THAT WORKED WELL
PositiveID’s E-N-G Mobile Systems’ Bookings for First Half of 2017 Up 158% from First Half of 2016
•July 26, 2017
DELRAY BEACH, Fla., July 26, 2017-- PositiveID Corporation, a life sciences company focused on detection and diagnostics, announced today that its E-N-G Mobile Systems subsidiary bookings for the first ...
AND THE YEAR BEFORE - REVENUES UP 211%!!!!!!
IT HAS TO BE GREAT NEWS!!!!!
BUT THEN A 3000:1 REVERSE SPLIT
PositiveID Reports 2015 Revenue of $2.9 Million, Up 211% Year over Year
Total Assets Increase 360% to $4.7 Million
DELRAY BEACH, Fla., April 12, 2016 (GLOBE NEWSWIRE) -- PositiveID Corporation ("PositiveID" or "Company") (OTCQB:PSID), a life sciences company focused on detection and diagnostics, announced its financial results for the year ended December 31, 2015.
Revenue and total assets increased significantly in 2015, while the Company continued to invest in research and development as it works to complete the build and testing of its Firefly Dx handheld, real-time polymerase chain reaction ("PCR") pathogen detection system.
"Following our acquisitions of E-N-G Mobile Systems ("ENG") and Thermomedics in late 2015, our business is stronger and better positioned than ever to compete in the detection and diagnostics industry due to the addition of complementary revenue streams and synergistic distribution networks and customers," stated William J. Caragol, Chairman and CEO of PositiveID. "With our continued growth and horizontal integration of our business, we are reaffirming our 2016 revenue guidance of $5-6 million."
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