Looks like they have recieved 200k of the smidge money so theres 800k to come i would guess over the next six months. Maybe enough to survive the quarter without a CR. Not sure I can smell one and I think the market can as well.
Pleasing to see revenue up but I think they may have gotten a bit ahead of themselves in terms with the growth rate and uptake of their system.
Forward looking statement was good I thought but going to require more patience.
Not sure how the market will take it will find out tomorrow. I think that its probably fairly priced at the moment however its a micro cap growth stock so its going to take another 2 or 3 quarters minimum to see what the trajectory is. If they can keep doing double digit growth % quarter on quarter that will be good.
Anyone elses thoughts?
PIL Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
