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Mood Media Corporation T.MM

"Mood Media Corp provides in-store audio, visual and scent marketing solutions to businesses including specialist retailers, department stores, supermarkets, financial institutions and fitness clubs, as well as hotels and restaurants."


TSX:MM - Post by User

Comment by dannyd9on May 12, 2016 10:35am
172 Views
Post# 24865841

RE:RE:FCF of over 5 million

RE:RE:FCF of over 5 millionConference call has ended and the good news is that there is some buying..18000 worth...not anything to get excited about, but we are back at ten cents This is a key level. It got here a few weeks back and if it crossses on volume, stock should traded to 15 cents. Management very confident about being cash flow positive for full year. Disconcerting to see audio sales slump and business at technomedia is behind expectations. However, mm has signed some good forward looking contracts and is hoping that the worst of the audio losses is over. Have done a very good job controling and reducing costs. Revenue and ebitda guidance more or less unchanged.The company is valued at 20 million dollars with 400 million in sales. The key is showing that cash is being generated so that the market becomes less concerned about its ability to replaced debt comming due in a few years. at least time is on their side
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