MXL mxl limited.

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  1. 1,256 Posts.
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    Maybe I am naive but I just dont get this stock.
    Market Cap of nearly $100000000 yet little to no revenue.
    They have promised revenue streams coming on line next quarter every couple of months, yet all I can see is a lousy $73000 for 6 months and an expense account of nearly $1000000 for the same period.
    I have watched, bought and sold this stock over the last 3 years and still to this day there is nothing substantial in the revenue stream.
    I dont believe it deserves to be above 10c based on its revenue and would suggest it is very speculative.
 
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Currently unlisted public company.

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