Here’s what makes for a good investment:
Fundamentals: The fundamentals on this company suck. Yes they have cash, but that’s off the backs of naive and uninformed shareholders. A company with real prospects gets its money from private investors.
Management: while they have attracted some credible people, they have come and gone, and the one that remains throughout all has no credentials and has proven his lack of credibility.The lack of insider buying, massive director selling, and massive cash bonuses speak to the lack of faith in their own future, as well as management greed. Nothing with management shows that they put their money where their mouths are.
Industry validation: there is virtually none. Breadcrumbs at best.
Analyst validation: we’ve seen the opposite. The one analyst who seems to care has painted this to be a niche opportunity that has yet to be embraced and is about to lose its opportunity forever
Competitive advantage: we get snippets, but still the reliability numbers have never been made public to the degree the industry requires. This leaves advantages versus disadvantages as one gigantic unknown. No design wins. The company claims are still just a big carrot on a stick.
You can point to patents and roadmaps and awards and company slide presentations because that’s really all you have here. But overall when you look at the metrics that make up a good investment, this company fails miserably.