Just to be sure you read it right - that 59 is a %
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Posted On: 11/10/2017 9:18:37 AM
Just to be sure you read it right - that 59 is a % increase in sales not profit.
If you read the 3rd quarter 10k they are still reporting losses.
That is FINE from the view that RGSE is now a re-startup company with the exclusive task of marketing and installing solar shingles developed by DOW Chemical. 2017 is really YEAR ONE for this product and working capital is being used heavily to get it up and running.
Can expect a lot of POPs and DROPs in the PPS here with news releases and quiet periods. When this company can start showing regular quarterly profits upward PPS movement and speculation will grow.
The NEW RGSE is in its very early phases currently IMO.
SMALL NOTE: As the O/S is very low currently that is a PLUS as it gives plenty of room to do IPOs without much affecting PPS as long as they are GROWING
If you read the 3rd quarter 10k they are still reporting losses.
That is FINE from the view that RGSE is now a re-startup company with the exclusive task of marketing and installing solar shingles developed by DOW Chemical. 2017 is really YEAR ONE for this product and working capital is being used heavily to get it up and running.
Can expect a lot of POPs and DROPs in the PPS here with news releases and quiet periods. When this company can start showing regular quarterly profits upward PPS movement and speculation will grow.
The NEW RGSE is in its very early phases currently IMO.
SMALL NOTE: As the O/S is very low currently that is a PLUS as it gives plenty of room to do IPOs without much affecting PPS as long as they are GROWING
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