Just thought I would start a thread to share some thoughts (as it is very quite here). The fact there are basically zero posts means there is next to zero interest in this at the moment.
Interesting announcement today as it appears MBE may have turned the corner.... turning them from Potential to Actual.
With Q1 C2012 Revenue of over $3.5m and no signs of Revenue decreasing, MBE should be bringing in over $14m in this calender year (assuming zero growth). given the previous growth, this is being extremely cautious. It could easily continue to grow, and seeing revenue north of $18m.
It appears they have finally stopped buring cash, being EBITDA positive since Sep 2011.
With a market cap of $7m at 2.8c, Revenue looking to be way over $14m this CY, it appears MBE is now derisked, with very good upside potential IMHO.
market cap $7m, 2012 revenue $14m+
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