Posted On: 08/15/2014 7:29:31 AM
Post# of 7769
Hi Joe Black. I realize that you are not short but apparently very frustrated but you should not be. Let me start out by saying this is a penny stock that trades on the BB it is not a fortune 500 company. I am aware you realize that but look at the progress that took place here . They had a loss of 4.4m q2 of 2013 and now we have moved to a loss of 665k on revenues of 3.7m. Its very apparent that we SHOULD BE PROFITABLE IN THE CURRENT QUARTER. Overall there was tremendous progress and essentially Scrc started doing much needed revenues in the past quarter and very profitable. Sure there are expenses and probably a little high no question about it but Joe its very easy to see that they have turned the quarter.
My suggestion: Give them this quarter that we are in q3 and its rather obvious that they will be in very good shape. I had my CPA who is very good at taking this apart and who is generally as tough as nails owns stock at .125 to .13. He said Joe still some high expenses but its very easy to see that they are going to make $$$$ now and if they get some of their expenses under control q3 should be very solid. He is going to buy a little more as he sees a profiable company in q3, I believe you should give the company the benefit of the doubt and look at q3 in November and if we see a positive EPS thats a very big step for a BB stock.
I was expecting exactly what they announced a marked improvement towards profitability. Again, I do not own any other penny stock that is profiable or even remeotely close. The price is here as we have to work through a good amount of stock but a lot of the people who have .05 to .06 stock wanted to help the company as well as themselves to bring down their high cost. I suspect their are very few who will truly sell as most costs are well above .06 plus and I also believe they are mostly here for the scrc story to evolve over 4 to 8 quarters.
This was a nice improvement grade 80
My suggestion: Give them this quarter that we are in q3 and its rather obvious that they will be in very good shape. I had my CPA who is very good at taking this apart and who is generally as tough as nails owns stock at .125 to .13. He said Joe still some high expenses but its very easy to see that they are going to make $$$$ now and if they get some of their expenses under control q3 should be very solid. He is going to buy a little more as he sees a profiable company in q3, I believe you should give the company the benefit of the doubt and look at q3 in November and if we see a positive EPS thats a very big step for a BB stock.
I was expecting exactly what they announced a marked improvement towards profitability. Again, I do not own any other penny stock that is profiable or even remeotely close. The price is here as we have to work through a good amount of stock but a lot of the people who have .05 to .06 stock wanted to help the company as well as themselves to bring down their high cost. I suspect their are very few who will truly sell as most costs are well above .06 plus and I also believe they are mostly here for the scrc story to evolve over 4 to 8 quarters.
This was a nice improvement grade 80
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