... check gefen balance sheet...
ipo was at $1.10, with $100m market cap...
they revenue is around $12m... but expenses is $14m..
their revenue is growing ....
at today market is a bargain but still they got around $10m cash to flow..
dont think we need any cap raised anytime soon..
lets hope revenue is more then expenses next year.
Ann: Change in substantial holding, page-6
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