Info2010...a penny, to a penny and a half? Why not. They were over three cents during the first quarter of last year, and over a penny and a half during the third quarter of last year, albeit with less outstanding shares. Not much of a stretch to believe that emotional momentum can boost the stock price in the short term. Long term, they are going to have to demonstrate that their products are financially viable, and that enough volume will be generated to get the Company out of debt and into a positive cash flow from operations position. I'm not sure how that can play out without some sort of a line of credit to smooth out the bumps.
I was hoping that Matthews would have become involved with all of EI's product lines. I'm not sure how well MLB and PM will sell with the limited resources that EI has to properly market them.
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