I know this stock is dogged by its history but it is ludicrous...

I know this stock is dogged by its history but it is ludicrous to continue to believe things have not changed.

Management and the new board have got the company in great shape.

I think fixed costs are down to $5m or less.
Then I think we end 2021 with a minimum monthly run rate of $12m with minimum 40% margin. Just these two pieces of information paint the picture of cash flow positive in March Quarter without any further ramp up.

I think we can hit revenue of $18m run rate by July = body armour and socking. Then $30m by December on some additional bedding deals.

Year after could be $50m if Military drop.

At $30m then could be $5 - $7m profit and building!

Happy to be corrected on any of the maths above. Plenty of tax losses to soak up.

We do have Colinton conversion to work through but I reckon 6 months to get momentum and consider options.

All major selling has ceased - only good news to come.