Replies to post #3296 on XG Technology, Inc (XGTI)

[ash111]

big contract announcements coming if you ask me. make alot of sense, more capital to fulfill a DoD contract order for only small shares (about 7% of O/S). $20m+ cap for a company that already doing $24m, is a gift.

"Record quarterly revenues of $14.2 million and record first half revenues of $23.6 million (or $7.6m Net income vs $8.6m lose), which contributed to positive cash generated from operations and improved liquidity for the six months ended June 30, 2017".+
began to aggressively release new products that solidify their technology leadership.

http://www.prnewswire.com/news-releases/xg-technology-reports-second-quarter-and-first-half-2017-results-and-conference-call-300504162.html