alphakillo - in response to your question:
"I agree they are just moving things into the distribution phase, securing funding, etc... im looking forward to 300-400k revs this quarter...which is due when btw ? Im lost in the circle jerk of delays.
Smalls am I off target with those numbers, assuming they have been in production for about 2 months?"
i dont know where production stands or if it has continued. the assumption on the 58K was for production to jump start the recent contracts/back orders ahead of more comprehensive funding. they have some contracts and from what i have gathered in my own DD - they have backordered product. this alone could provide $300-400K in a quarter without new business or Japan. there just isnt anything to go off of to really run some numbers.
the question remains - where/how are they capitalizing and when will production begin to fill orders and meet new/existing demand.
as far as price predictions - new posters (to this board) mentioned a quarter in a month or two. while any stock price can become completely irrational in short bursts, i simply dont see this approaching anywhere near that point in the next 3-6 months. at current share count - that would be $40-45MM market cap on less than $1MM trailing revenues. i think forward revenues would have to be $10-15MM to get in that range and that is with no substantial dilution.
short term (next 30-45 days)i think it is possible to eclipse the 52 week high of $0.14 on a spike and see around $0.15-0.018 before settling down in the $0.06-0.12 range. depends on the cost of capital and how soon they demonstrate/prove that those announcements will be turned into revenues/income.
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