RE:62-66 million in rev if true ouchI think its worse than that Net Revenue 50-54 million, net revenue was 75 million in Q1, huge 33% drop...
If I also read correctly, they want to take SG&A down to $45 million, from the current $100 million this quarter? F--k me and thank me later, but that is chainsaw hack and slash cuts. You can't cut that much and maintain any sort of growth momentum.
I don't see how you can take anything positive out of that news release..