It still has to be believable though. Recurring revenues of 2 million a month added onto $11.4 mil for December is still higher than what they've forecast.
Anyway I give up. Just going to ignore the numbers on this report. Dont see how the Moelis report can be considered "bad" when this to me looks far worse on the numbers.
Petra Capital has initiated coverage of Alexium, page-51
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