Last 4c they were almost breakeven, hopefully this contract and potentially others will help them over the line.
This new board with their new hires has turned around their core offering from the old days of losing millions to almost breakeven, while still investing in R&D to go into wearables.
This is a good base to be at as they go SaaS and scale their core IP to massive markets. The potential growth alone should place this company @ 100mil cap, let alone being almost at breakeven. Won't take much to be cashflow positive if any part of their growth plan works out.
But from a traders view, yes big resistance around the 6c level. But if it can consolidate around here it will provide the next leg up, maybe around the next 4c news? But definitely FDA or western partnerships (Apple, Samsung?) hype on their wearable will pump this up IMHO
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