"and no revenue"
With respect Stefanof - this is a furphy!
For companies at this stage of the development cycle the reasonable expectation of revenue is just as important as actual revenue.
Xped, as continually discussed, has multiple irons in the fire, most of which have substantial revenue prospects in an exciting new industry sector.
And revenue clarity is getting closer by the day. IMO, news on the Telink collaboration, the Intel collaboration and the other Nasdaq chippie - perhaps with revenue implications - are close.
If that clarity was here now, the SP would already be much higher in accordance with those forecasts.
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