.05 finish very pleased with the trading this year up 100%. The 8k today was an excellent announcement. It stated that the the preferred a series will not hit the market and that the financier Andreas will receive 67k per month for approx 1.4m. So that works out to 806k per annum or approx .0075 cents of a penny. Is this development bullish????? Yes no question about it it likely means that even with the loss of cvs scrc has figured out how to make $$$. Remember the in-house billing was approx 11% now probably about 5% or 6% more to the bottom line. So 6% x30m is 1.8m in net income. Hopefully they figure out to hit double digits like they did in q3 2014 when they were at 12% net and made in eps .011 on 13m in revs. Lets see.
Bottom Line: Talking head not in scrc as not as predictable to trade as he thought. I think .06 print in march. Nice % move.