FMB, we talked a lot about the IP cash being spread out at 1.5 mill a Q for about 7 q's. That is nothing new.
So you are wise to have a look at revenue and product sales removing that 1.5 mill revenue. My assumption was they would do normal services revenue and normal/robust product sales, and the revenue would look BRILLIANT (with the candy 1.5 mill)... I expected revenue around 4.5 to 5 mill. 3.4 is a shocker - minus 1.5 mill = 1.9 real revenue
It is what it is. But management communications is a horror show. Why they try to be tricky is very, very odd. Their trickiness masks the entire structure and goals and future of the company. It is almost like their entire modus operandi is 'sign distributors', 'cap raise', 'pay big salaries'. I wonder if I have burned $100k. I am upset. Life is life. But when management is downright tricky and opaque, that is really, really bad. How can we come out of this.
LDX Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held
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