Posted On: 02/26/2016 11:16:50 PM
Post# of 3605
Does anyone know why the SG&A expenses have risen exponentially to $11M/year over the last 2 years?
With expenses such as these and nearly no revenues to speak of, I'm struggling to see the value in junping in on this. Yes, there could be a PR about a deal being done with someone at somepoint (yes I'm being proposefully vague), but there still will be a lag until revenues start if that comes together.
At this point I see speculation, but not a business on solid footing. Apologies for putting a darker view than some want to see, but I'm just not seeing the financials align with the current status of business development suggest now is the right time to expect any type of pps appreciation.
Regards,
-kbulldog.
With expenses such as these and nearly no revenues to speak of, I'm struggling to see the value in junping in on this. Yes, there could be a PR about a deal being done with someone at somepoint (yes I'm being proposefully vague), but there still will be a lag until revenues start if that comes together.
At this point I see speculation, but not a business on solid footing. Apologies for putting a darker view than some want to see, but I'm just not seeing the financials align with the current status of business development suggest now is the right time to expect any type of pps appreciation.
Regards,
-kbulldog.
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