Its a little tricky following JVG because revenue received can lag sales by 3 or 4 months. However, revenue received has doubled from 1/2 million to just over a million for the december quarter.
Actual sales from their presentation were $1.5m for the first qtr and around $2.2 to $2.3m for the last quarter (I needed to estimate Dec sales).
At just over a million in revenue received they were cash flow positive. Expectations would be that revenue received will again more than double for the next quarter.
JVG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
