Hang in there mate.....it all looks good to me. The product works, its patented, has many benefits and is ready for sale into this huge cable tie worldwide market. Sit back and hope their marketing people deliver the goods now.
Cash is a little low but this should be ok since most of the US operations can pay for their marketing costs now and cash burn is low. Also i'd expect revenue to start very soon from the radioshack deal plus probably more contracts to come.
The best thing is the market cap is still very very low at only 10million or so but based on future earnings, it should probably be at least 5 times that possibly more. Eventually the stock will get re rated but as always in the stockmarket it takes time. The patient ones will do very well out of this one. I hold heaps and have been slowly buying more at these levels.
Long term, we should clean up.....but nothing is always certain of course! I'm quietly confident.
cheers skippa
MPD Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
