Prophecy is discussed by a small value hedge fund manager who...

Prophecy is discussed by a small value hedge fund manager who does a weekly video podcast. I don't necessarily agree with him and it seems the platform he was using for information doesn't reveal that they have became cash-flow positive in the most recent half. Nevertheless, I think he's representative of any value investor that looks at this company and it's performance at a glance. For me, after holding this company now for a few years, the burden of persuasion and proof has shifted. At the time I bought, I truly believed the company was about to turn a corner. Now, I don't want to hear about pipelines and winds. I want to hear about profits. And, further I have little hope that management will say anything of value in its upcoming investor presentation, where pre-written softballs will be hit with pre-prepared answers. Here's some questions: "Why aren't you buying any stock?" "When is the company going to be profitable because in your last report you don't even list profitability as a goal?" After the "Philipines-surprise" and these never-ending colorful "presentations" that make it look like Snare is killing it, while burying the lead of a continuing and expanding lack of profit, I'm starting to see the beginning of the end of my patience.

I'm thinking that I'm going to set a limit for myself. a) Next half-yearly report either 25%+ total rev increase with no decrease in cash-flow, and/or b) profit, and/or c) serious and substantiated facts supporting merger or meaningful product acquisition.

(Prophecy mentioned at 1:33)