I'm just happy they survived another quarter.
Looking on the bright side, the major part of the cost saving measures took place in the later part of the last quarter. They would be in full effect now, and should help get towards that all important break even point.
It seems that progress is genuinely being made on the revenue front. The insiders (who own the bulk of the company) would be better aware of the trajectory and pace that is going on there. It is quite difficult to represent either a positive or a negative in a quarterly without getting into regulatory grey areas, so lets hope the "indicated" growth is more than just a few bucks.
As far as a cap raise is concerned, I dont think the retail holders will stump up any more money. They have already been diluted several times, and ADS keeps coming back for more.
It is make or break time imo. The traditionally slow Dec quarter being behind us, the full suite of cost savings in place plus growth in the white label offering might just see this lemon get thrown in a G&T....Lets hope so.
All just imo. Gltah
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