MIK 0.00% 1.5¢ mikoh corporation limited

moving along, page-3

  1. 189 Posts.

    I think they are burning cash fast because they have lots of people on the go at one time in the US. This has been happening now for the last 9 months,so one would expect some pretty good results shortly.

    There are plenty of deals "just waiting to drop" , but everything takes time. We just have to hope that they don't run out of money before this happens.
    The printer thing will take a while,& could even be sold off seperately,as it is not a fit with the tag business.

    I think these tags are quite unique,as 3M have been trying to get around the patents for a while,so I see no reason to make sales at cut rates. 50-60 cents seems way too cheap to me,even if there is volume.

    They all sounded pretty upbeat at th e agm in Nov,which was only 3 months ago. i think all the current financial crisis has slowed up a lot of stuff.

    I don't think they will give the shop away in panic !!

 
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