Posted On: 06/04/2016 6:27:29 PM
Post# of 1873
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To put this in perspective...
2011 they were trading at $0.81 and were an $18M company. Before their crossing bridge acquisition lawsuit and $20M debt.
Today they are over $24M revenues and $2M profits. They are nearly settled all litigation and paid of over half their debt. This is how I see things going:
1) within the next two weeks pre-audit release =$0.0007
2),Release of Audited FY 13 & 14 = $0.004
2) Release of last Audited Yr 15 = $0.01
3) Release of Q1 results in AUG (On track for FY 16 to be $27M) = $0.06
4) announcement of new acquisition= $0.15
5) Q2 results =$0.25
6) Q3 results =$0.30
7) closing on acquisition bring them to a $35M company = $0.50
7) Q4 Yr end FY 16 =$0.60
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