The guys running this company used long deferred salaries to buy stock a few years ago. Since then they have not invested any of their money in the stock even though it trades at 60% of tangible book value. Not a strong endorsement.
Now they talk about dilution from equity used to buy their way to prosperity? Market cap is just over $2 million. The best investment might just be a repo. Bank funding is easily available to buy a dollar's worth of assets for 60 cents.
Read this again after today's trades. This guy does not write very well does he?
Glad to see they are trying to merge IoSoft off the books. Very special skill set required to compete in that space and I am not sure a rollup would help bring any of that in house.
Stock trades today at almost exactly 50% of book value. Why the owners don't buy shares for their own accounts or do even a tiny repo is beyond all comprehension.
Market Data 
Markets 
AI
