In plenty of start ups. The one's with "potential future revenue" rarely turn out to deliver. When the market wakes up to this they get marked down Harshly. Covata had all the promise in the world at 2o cents. Partnership with Cisco landing big deals. Deals fell over and Cisco walked away. These companies captial raise themselves into oblivion. Don't believe it till the money from the sales starts hitting the bank. Envirosuite by comparison is 15 mill market cap with 3 mill in sales and just as large a potential market. Probably 1 capital raise away from going cashflow neutral.
YOJ Price at posting:
10.0¢ Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)