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RStevens

05/15/18 1:46 PM

#44340 RE: billpr #44339

What an awful quarter. I'm never too worried about the top line, as that can fluctuate massively due to the nature of the business, but the only positive was the increase in GP.

Where are all the operating costs going to? $2m of G&A? Seems so high.

To Bill's point about the cash, that's a problem. They had Unbilled Revenue decrease by essentially $750k, but overall still lost over half a mil.

They spent $167,490 on COMPUTER EQUIPMENT last quarter. Are they buying quantum computers??

Bob needs to go if this continues for another quarter. If they really believe this is just temporary, then the company should be buying back shares hand over fist for the rest of the quarter. Alas, I have zero confidence in their capital allocation strategy....