I'm sorry, but in what world is the company worth the value of...

I'm sorry, but in what world is the company worth the value of its cash? Do you mean to tell me that based on the information at hand, the potential that GSW has of generating revenue is no greater than cash sitting under my bed? Last I checked, the number of deliveries was growing QoQ, prior to the implementation of any of their largest deals. To assume that each subsequent contract is valueless implies that each implemented arrangement carries similar attributes.

Is the market cap bloated at $4.00? No doubt, but to support the alternative is as equally ludicrous. These comments create panic in people who assume you actually know what you're talking about.