They lost a $14m order, they have background sales of around $6m per quarter. How can that $14m order turn into nothing in the March quarter?
If they are growing sales as they say they should be increasing by 5-10% per quarter, which should put them over $7m at the low end, that is only allowing that the big order-er came back to fulfil 20% of their inital order this quarter. I don't feel that is unreasonable.
Don't forget they sold us this puppy as a 70-100% YOY growth stock, well, where and when is that growth supposed to materialise?
There have been many references you have made to how they are improving costs, opening new markets, working tirelessly for the betterment of this co and us its shareholders. Well at some point that needs to become tangible, that time is now after the epic fail they delivered in December.
BUD Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
