There's no doubting that frustration with this stock and the board is warranted.
However, lets try to focus on the positive, which is, the design win strategy is beginning to bear fruit. First repeat order from Spright already is really positive; yes its only $98k, however there is obviously a recurring revenue component to this AND more repeat orders are expected.
Once our other partners start to scale up I suspect we'll start to see frequent announcements like this. Good news is that we're locked into the design to over 60 manufacturers now.
Extreme patience is required here... Just get the raise done now so the market can move on.
ELS Price at posting:
35.0¢ Sentiment: Hold Disclosure: Held
