Not any time soon...I think we are stuck here for a while. The revenue is not increasing a lot. I was not impressed with the executives on the call. Too many opinions that were not objective. We may see some price appreciation as we get closer to the Annual 10-K. Or if we get an institutional upgrade. But that is reaching.
The key things for the stock to re rate are listed in the shareholder proposal. If they pass, this stock is headed to nasdaq. Reverse sit will occur, and the stock will be $4 or more at time of uplist. With the reduction in management compensation, they are likely to add 3 to 5 million in earnings in the next 12 months. The stock is an easy double from here imo.
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