XTM Inc C.PAID

Disappointing

[traderguy5000]

Not too long ago, the CEO predicted $5 stock. 5 cents is looking more probable. We were going to be profitable this year. Now it's next year. We were going to see $60M revenue this year, then $10M, and even that was far too high. There has been revenue growth over the last two quarters, but it's going to take a lot more than $1.5M a quarter to move this stock. It will take about 5 times that amount to get this stock up off the mat. This had been a high conviction stock for me, but I'm skeptical now. We need to see much higher revenue. If prospects are anywhere near what has been suggested, we will be seeing that revenue next year. If we don't, add PAID to the long list of microcaps that had a promising business idea that didn't work out. I'm sure we're getting tax loss selling here, and we may go below a dime. I'm not selling, and may pick up a few at a dime, but this is not $5 stock.

[anon90]

I agree with your comments,  what moves the bar is if they ever get the USA operations up and running, Canadian operations will be a very small faction of the company once the US load values start to kick in, problem is it has taken way to long for that to happen with very little communication around the process, on a positive note it looks as though they are on their way to zero burn based

[anon90]

Until then I will keep buying cheap stock as I fully anticipate US business to start rolling.  GLTA