RE:RE:Trading below cash valueYes, I agree that MRV, CTX’s ugly cousin, is not much better. Thus, at least MRV management makes effort to promote the company in various way and provide regular presentation update. CTX last presentation update on their website is dated June 2021. That is ~6 months old. They do not provide follow up on past business collaborations into which they have invested company money. Plus, for a company that target their product to the public at large (beauty product) they have no presence on any social media.
peasoupfog wrote: MRV, the "parent" company, is the same, only more so. Basically same management control, and no one trusts this management to do the right thing with the cash, except to pay themselves big salaries, and manage to show a loss on the books almost every quarter.
Daydream2 wrote: Management has check out of this company, but still cashing in on nearly a half millions in salaries and are still blaming the pandemic for their inaction.