Interesting that if you look at similar stocks, like ICQ, which had a 2m revenue this qtr, and a loss of around 3m
Cash at the end of the qtr for them was about $14m and has a market cap of around $180
They have been growing steadily with their cash receipts, but the market has priced in big potential for that stock.
1PG is getting almost no potential priced in atm. Next qtrly could be very interesting towards price action. All 1pg need to show is that revenue and growth is there, and we could be due for a massive rerate.
GLA
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