Big earnings release out of ZZLL. I wish they would issue a press release to go along with it to inform shareholders of what is going on. 1600%+ revenue increase along with profitability is pretty impressive.
I can't believe ZZLL is not trading at $1 or more. They have grown a business from nothing to $78 million in revenues in two years. They are profitable, have roughly .10 a share in cash and only 20 million shares outstanding. The float is only 2 million shares. If they ever start issuing press releases on a regular basis, this thing should skyrocket. The market cap is only $6 million. Just to get to 1 times sales it would have to trade at nearly $4.
You have to think eventually someone will buy them out.