Thanks. Love the low float. This could pop to $1 in no time flat.
LithLover wrote: Operating costs last quarter were $2.6 million. Total operating costs of $9.2 million for full 2021.
If they were able to cut costs and/or bring in enough revenues to stay neutral. Say $2-2.2 million in revenues and cutting costs or $3 million in revenues with existing costs, either way that would be a very big step. With annual revenues at $10-12 million while remaining cash flow positive,
that would value the company in the $60-80 million range. If they had to do some creative financing or internal funding that we just haven't learned about yet, well that's a different story but it should still value the company higher than where it's sitting now at $11 million.
Q2 results are due Aug 15 by midnight which likely means after market closes on the Monday. I assume we will hear soon about a 2nd quarter conference call for Tuesday Aug 16 before market opens.