The removal of 2 ex-directors is a very positive step. If they can execute the plan well, expenses cut to $1 mil Quarterly (From around $1.65 mil). $2.4 mil Quarterly cash receipt should break even. March Quarter revenue is $2.37 mil which looks positive. If they can break even or a small positive cashflow, it should move to 10-20 mil market cap. Hope the new board can bring back the confidence.
The removal of 2 ex-directors is a very positive step. If they...
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Mkt cap ! $4.046M | |||
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