I was thinking this covered November only 90,000 X 12 = $1,080,000 per year. Glad I don't trade this because obviously I'm so bored I'm falling for the old bafflegab. On your encouragement I now note this PR represents 6 weeks revenue not 4 weeks. So really assuming the business pokes along at the same pace (what else is there to go on!!??) Identa MIGHT be making roughly $850,000 per year significantly less than a few years ago. Easier to see now why the S/P has been steadily dropping several years because that doesn't take into account the punishing dilution shareholders have had to bare NOR expenses for the long list of failed contracts IDENTA has touted on about but which never materialized.
Factor in another negative, management months later not days, is still not able to lift the Caveat Emptor stigma and frankly I see a company either on the ropes or already out of the ring seeking medical attention. Nope no sirreee Bob not looking promising in the slightest that much I can see, and on the pinks this will be like displaying a big marquee reading what are you nuts don't buy me. Retail is sounding like the nail in the coffin, where is it?
I seriously do think this company has been DTCC chilled and the reason is simple, the company is practically on life support. MHO