Judging by the last cash flow report it may very well be that NAN were not only cash flow positive (even after the R&D incentive) last qtr, but potentially even profitable for that qtr.
So, assuming that they are not subject to any seasonality, and that they appear to have come home with a wet sail in the final qtrs of the last two years can we dare to dream of a second cash flow positive qtr and confirmation of a profitable qtr? No more than a month to wait, based on earlier year release dates!
Want to hear that the Toshgi arrangement is gaining speed in England and Miele in Germany, coupled with sales growth in the states. Almost salivating at the prospect of breaking and holding $1!!!
If they are cash flow positive now does anyone have any idea of what they might do with the war chest? Or are they just going to pay the con notes out??? Haven't sat in on the investor calls, so don't know whether they've made mention of it.
NAN Price at posting:
75.0¢ Sentiment: Buy Disclosure: Held
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