Checked out the actual site traffic and their getting roughly 334 unique visits per day currently. Not a huge amount considering the funds and efforts going into marketing. Let's say a conversion rate of 2% which is not bad, that's only about 6.5 purchases a day.
This is why we should be heavily pursuing Governments and charter schools and B2B sales. In bulk.
Honestly I am a strong believer in the product and the fundamentals of this company are solid. I don't know where the money is. Would have thought the product just about sells itself and the US reimbursement scheme especially would be a license to print money.
So like all holder, long, short. Before the jump or after. I'm waiting patiently for either a big contract announcement or the next 4C showing some solid revenue. 10x last quarter should be a bare minimum and I'd be a bit disappointed at that too but it's a solid start.
If all goes well, we'll be absolutely laughing at these current prices.
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