and given that smuggler appears to have begun analyising quarterly reports i find it startling to see that he could be supporting a company which announced a $2.2 million burn in the March quarter. we will find out in the next few days if the June quarter was any better, i would still expect a burn over $1 million at best. If it wasnt for the Arab's, BQT would have been insolvent by now.
An $80 million market cap isnt cheap either for a company with a checkered history, and a history of failing to deliver. The smarter money would have been buying at under 10c and probably reducing exposure in the mid 20s.
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