Maybe I am naive but I just dont get this stock.
Market Cap of nearly $100000000 yet little to no revenue.
They have promised revenue streams coming on line next quarter every couple of months, yet all I can see is a lousy $73000 for 6 months and an expense account of nearly $1000000 for the same period.
I have watched, bought and sold this stock over the last 3 years and still to this day there is nothing substantial in the revenue stream.
I dont believe it deserves to be above 10c based on its revenue and would suggest it is very speculative.
MXL
mxl limited.
Maybe I am naive but I just dont get this stock. Market Cap of...
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