Replies to post #7147 on Sequiam Biometrics (fka SQUM)

[ToddWH02]

knowles.. it really doesn't matter how much they sell.. this company will NEVER make a single penny. Impossible.. Their margins are just too low.. and any time revenues actually do increase they snuff out any chance of breaking even with their ridiculous cost structure. I mean come on, their SG&A cost were already out of this world and then they go and hire another guy for 225k per year + bonuses + stock options.. what is wrong with this picture?? Sheesh. It's going to get reaally ugly here really fast. I thought Nick could string this out till June of next year.. now I think they'll be lucky if they reach May.. if they go any further than that PPS will be under .05. IMVHO. Count on it.