GREY:ISYRF - Post by User
Comment by
4ogo4on Dec 08, 2016 12:58pm
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Post# 25572395
RE:RE:RE:Explanation?
RE:RE:RE:Explanation?
You could be right. This stock is going to be driven by increasing revenue and profitability which they have been demonstrating. The last couple of news releases indicate revenue so despite what insiders have done.
"November 3, 2016 –– Intrinsyc Technologies Corporation (TSX: ITC and OTC: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced the receipt of a follow-on order from an existing client valued at $572,500. Combined with two previous orders received over the last 60 days, the aggregate value exceeds $1.2 million."
https://www.intrinsyc.com/press-release/intrinsyc-announces-follow-orders-companys-open-q-embedded-computing-modules/
"December 7, 2016 – Intrinsyc Technologies Corporation (TSX: ITC and OTC: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development and production of embedded and Internet of Things (“IoT”) products, today announced the Company signed an agreement with a new client valued at US$447,000."
https://www.intrinsyc.com/press-release/intrinsyc-announces-new-product-development-agreement/
It is the compnay's ability to demonstrate continued growth that ultimately counts. Unless something has changed (other than these insiders selling some shares), the company appears to be on the right track. I'm more than a little frustrated by the recent insider trading but I am not going to let that unduely influence my belief in this company's CEO to make things happen.
All just IMO!