RE: Re: Q1 numbers
Sah... couldnt agree more.. And dont get me wrong... I am not sugar coating the lack of cash situation. I am just saying he has very viable options given the significant improvement in the underlying fundamentals. Frankly as a reasonably large shareholder, I would like to avoid further dilution at these levels.
Ironically... I have been in almost exactly PL's position with 60 employees.. and virtually nothing in the bank. However, we had good supplier credit, and we had bankable recievables and contracts. I really dont think we should underestimate the opportunities to fund in that manner...
Think about this, the projected revenues for this coming year of $25mm or so ( excluding any 1402 or PRDT ) is almost 65% of the MARKET CAP of this company right now ...if even ONE of the other things come thru... and I am obviously betting that they finally will.... we could potentially have a situation where our revenues are MORE than the current market cap.
With good reason, the market isnt giving this company ANY benefit of the doubt or credibility in their projections. HOWEVER, If one of these catalysts come... or EVEN if all we see this year is a 150% increase in recurring diversified revenue... this imbalance will be rectified by a substantially higher share price.
If I am reading the market action correctly, there is still a few blocks left for sale here.. but it looks like the overhang is clearing. I think if we crack 14-15 here... we will be back in the low 20's and that itself will cause short covering and bring in more buyers.
SORRY STOCKPUT... I dont have that many bullets left ! We need a "team" approach here...