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I'm just trying to rationalize why they are so slow to close on sales. What explanation would you have for the lack of revenues? Either they don't know how to sell their own product or the product does not work. I can think of no other reason however I'm willing to listen to your opinions.
So here they are at another quest for CR. Let's see what happens and I hope for the shareholders sake that they find something soon. $265k will not provide much cash flow for them. When is the $500k tax credit coming back? Did they pay enough in taxes to receive a credit? Have to run back to their year end financials.
IWG Price at posting:
13.0¢ Sentiment: None Disclosure: Not Held