Despite some concerns over the legitimacy of the newly minted deal, I picked up some MXC today.
Looking at it dispassionately, the newly announced deal could turn out to be a scam, but the odds of that being the case are far outweighed by the benefits in any simple risk/benefit analysis.
A company that has inked a deal for $20m in revenue for a year that has a market cap of only $82m seems almost too good to pass up. And that's only one client. Yes this risk, but I think it's significantly mitigated.
$40 MILLION, page-34
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