QQ; Even if annual revenue is less than $50 million and cash position is about $12 million, still that is substantial for a company with MC of less than $25 million. By the way, almost all emerging tech stocks are down now for months and many are traded in record low prices. This is not MBE specific. Those big funds who wield control will turn to tech stocks once they are done with resource stocks. I believe this is the best time to buy. Even if MBE goes to 8 cents by the end of this year, still a handy 50% gain.
MBE Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held