If they are now in the midst of record Q's and a forecasted record potential year...Has there been any talk yet of a buyback schedule? I have to assume on the $20M in forecasted revenue there will be at least a small profit? Really wouldn't take much to support this thing if they could earmark some funds for a buyback each month or quarterly..or negotiate a payoff schedule for any outstanding notes. Obviously something along these lines would really boost investor confidence in this thing. Hopefully a name/ticker change is in the works as well.
grabbed a few on Fri. A potential $20M revenue year opens up the realm of possibilities for what could happen here. Every option leads to a higher share price. Will be interesting to see how this plays out.
There are tickers out here with ZERO revs and Billions of outstanding shres holding market caps of 100's of M's. Not saying this co will do that right now...but if it starts to get some attention anything can happen.
Either way $20M in revenue can solve a lot of problems. And it could always end up being more than that.