@mickey1979, how can you keep squawking on about pump and dump?? Markets go up and down. Market went up on material news and down as a forced seller got out.
Have a clearer look at the coy that is before you now!!
Commercial business has 5 new lines of recurring revenue, from this time last year, on top of Airstream and ohm, and we know they are now profitable.
(1) UMPs health --- small income at present but major opportunities in the aged care/ health industries.
(2) Minimum 500,00 lights agreement with Eastern over 10 years. Even 50,000 lights p.a. at a few dollars per month to monitor adds up significantly.
(3) DIYblinds. The start of expected further uses of the LIFX chip.
(4) Light switch. A miniature ohm able to monitor and control electrical usage. Significant potential here.
(5) Managed services.
Consumer business.
(1) Expansion into Europe
(2) Partnerships with gaming coys
(3) Cost reductions and streamline to profitability.
(4) New and improved products for consumers and commercial/industrial.
not to mention the bulk orders landing or the Asian Telco.
When I compare this to BID energy with a market cap of $138m and $9m in revenue and yet to break even, IMHO Bud is seriously undervalued. Nothing to do with pump and dump.
