Gee,
There is so much excitement around here ...... no one posted the PR for the annual earnings CC. NOT. Private board is dead. Public boards are dead. Mgmt has successfully destroyed the market value of the company.
Wonder if Dr D will again be riding around the Texas wilderness and cutting out on the call ...... brilliant move.
Wonder if CFO will stick foot further in mouth this CC. You know ..... NO MONEY ... NO GROWTH ...... duuuuuuuhhhhhhhhhhhhhhhhhhhhhhhhhhhhh .... best to be thought of being an idiot than opening mouth and proving it.
Dr D ...... best to stick to the facts of the Q and the year. 4PM call .... hmmmmmmm .....
- Keep commentary minimal and speak to the facts. Nobody cares outside of what is going to be done to grow the business.
- Speak faster !
- Put tape on the CFO's mouth except to give the numbers. Then reapply.
- If you've got nothing to grow the business, best not to talk for an hour about things that won't change anything. 30 minutes max unless you've got a path to growth to talk about. You've offered nothing for 4 1/2 months so .....
Your IR and paid consultants should know that.
Last 4th Q I believe the revenues were $363K ..... expenses were up. I'd certainly expect SPIN to beat that revenue number and post somewhere in the $2.3 million range for annual revenues which would be the highest in several years. Outside shot at being breakeven for the year although I'd anticipate additional expenses in the 4th qtr that would move the needle to a loss for the annual results (+58K in earnings through 9 months).
Expecting more of the same .....
Amigo Mike
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