we keeping hearing about how good the product is, and it may well be (i'm no tech expert). the problem is that (a) they have left their run late and there appears to be lots in this space. (b) they are underfunded and have a funding arrangement which could encourage the funder to churn the stock (c) the business is overvalued at the moment without any near term success (market cap circa $50m). They need a big chunk of capital to get them through the next 12 months and during that time they need to generate sales and revenue which is clearly demonstrable. In the absence of these factors, i cant see it breaking out of the 7-10c range for some time. I hope they do well because we need more successful tech companies. CVT is another example but they have some deep pocketed investors and have cracked some serous enterprise level deals already.
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