"The company predicts EBIT of $11 Million for 2010/2011 but If sales gain traction, this could be easily exceeded. ..."
Hi Cleveland21,
Where theyve done such a statement?? Cant find nothing similar like that. Apart from that I can agree with many of the comments &, also, concerns here -Capital Raising was poorly, last quarterly financials disappointing/under expectations &with similar cash burn like last months, next PP(s?), probably at low levels, should bang at the door(especially if you consider the enhanced efforts with the newer machine versions(which in principle IMO looks like greaaat additions)). But I like the product very much &think it has great potential -but in the long term. Hate it to see such great companies coupled with crazy dillution.
Regards
Popeye
"The company predicts EBIT of $11 Million for 2010/2011 but If...
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