Replies to post #7063 on Sequiam Biometrics (fka SQUM)

[LoanStew]

Extremely small short position. I never saw much reason to believe there was one of size to begin with. I think it's a matter of time as the name gets out. Why would a company based in Florida have gone through the steps to get their product registered as acceptable by the DOJ of California if there wasn't something around the bend for them?
It's yet another solid move by Nick to stabilize this company for the years to come.
I'm well aware of the past losses. But the quarter that matters to me is the one where they did the pilot rollout and only lost 30K on about 1.5 million in revenue. It tells me that when they get things streamlined, they can and will be cash-flow positive, and profitable. A building company doesn't do it overnight. But they've aligned with HUGE names already. Something not many in this trading range can do. Chart shows a general reversal since July lows. You have to like what you see.
IMO/FWIW