i just can't see them getting their cash outflows low enough to be profitable. Ted's cash outflow estimates look good, but has blown these figures every quarter consecutively since IPO by about 40% on avg. based on the average cash outflow of the past 12 months and 40% profit margin on revenue minus fixed cost, break even is 114k per day revenue. fingers crossed cash outflow estimates are CORRECT, and revenue continues to grow. by these figures it looks good but seems all talk at the moment based on the 4c's. sitting on a decent loss.
EN1 Price at posting:
4.0¢ Sentiment: None Disclosure: Held