Replies to post #804 on XRS Corp. (XRSC)

[Toxic Avenger]

You've missed the latest filings.
They have been profitable for the last 2 quarters. They acquired their main LOB several years ago and have been building it ever since, spending large amounts on R&D which has kept them in a loss position.
Anyone who followed the financials realized they were headed toward profitability and an inflection point.
It's a solid company, with a REAL business, REAL revenues, and NOW REAL profits.

It didn't hurt that they have a ton of convertible shares at $3 each, though that may limit the upward momentum once it breaks that level.

Meanwhile, I've tripled my money, so I'm happy with it as a solid investment.