re: Ann: Mikoh Tag Technology Used For New To... Being a long term holder, I am almost losing count of the number of times we seem to have been on the cusp of being cash flow positive. There was always some unforeseen issue that seemed to get in the way of over optimistic management projections.
But now I do see some planets starting to align. I do believe the share price has been depressed primarily due to funding issues (La Jolla Cove selling, and/or fear of more capital raising). If these can indeed be set aside in the wake of sufficient revenue, then we could start to see some pricing of the blue sky potential that was the reason for me sticking with this stock for so long. Now if only we could have some significant progress in yet another asian country, this might act as a catalyst for a re-rating.
5 cents in 6 months would be good, but I can remember when this puppy was 40cents plus. Oh how the mighty have fallen. Would need to do the math to work out what the equivalent share price would be now, after all the dilution that has happened in the interim. Here's hoping for better times ahead regardless. . . .
Ann: Mikoh Tag Technology Used For New Tolling Pr, page-7
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