All the good news is qualitative (quality hires and product range expansion) and the bad news is quantitative (they are burning cash).
They haven't wavered off what they said in their updates 6+ months ago. This is a building phase and markets will each begin to turn to profit.
I was expecting better in the last quarterly nonetheless, however given the changes they've recently made those should start to show come the next quarterly and if they don't I'm getting off the ship.
They need to start operating like a public company and provide detailed updates on a regular basis. None of this quarterly accompanied by 2 pages of mostly fluff.
Where are you going to make a profit and when - show forecasts. Market will lap that up.
E88 Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
