Nice PR this morning. Still hanging on with some
Post# of 11802
Had to comment and no disrespect intended but the question on paying a dividend is uniformed, irrelevant and bush league. This company has a poor mans balance sheet, generates negative cash flow, only a couple mil in annual sales and it’s long term success is not guaranteed.
For the uniformed, does Amazon pay a dividend, Ilumina pay a dividend, Intuitive Surgical pay a dividend? There’s more do some research. The last thing the company should focus on is a dividend. How about financial stability, sustainable growth, paying employees and suppliers, creating a fortress balance sheet, growing sales, vertical integration, etc.
Last I looked this is a micro stock with less than 5M market capitalization, potential for lawsuits, no marketing organization, small staff, etc. Give the company it’s due for hanging around and creating a plan. Give the company some time to attempt to execute.
Dividend? Think we would be happy to see revenue growth, positive cash flow and a positive return on our investment. For dividends go look at CEFs. Private message if you would like a couple of suggestions.