no, the reason its down is because even with twice the machines in action, the revenue has dropped right back.
The last qtr had 260k revenue with over 100 machines in the marketplace. Last year, with much less on average, they averaged $260k each qtr.
The Sept qtr revenue dropped 17.5%. They were telling us they'd break even this year. They'd need 4 or 5 times the number of machines going now just to break even at their current usage.
People are just having a hard time seeing how they're going to turn a profit.
fortune favours the brave people, page-2
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Mkt cap ! $14.99M | |||
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