Quarterly update is due anytime in next 2-3 weeks.
Hopefully we will have NEWS on new technology offerings and positive cashflow.
As per last update we have seen lower than expected revenues due to many one-off offsets and operational expenses were marginally lower then revenue booked for the quarter. Also, at the end of quarter, they had $4.5m unpaid invoices.
Considering all above, in next quarterly update I am expecting solid numbers, positive cashflows and further product update.
Sit tight and watch this space, its about to get going. This quarter and next one are so important. It will make it or break it. I personally believe it will make it to mid 20ish on any promising NEWS and international customer/revenue growth.
This is my own opinion based on my own research and not a financial/investment advice. please do your own research !!
Add to My Watchlist
What is My Watchlist?
