RE:RE:RE:RE:big cross..Ya never heard nothing like that before (more than once - all you need to do is change the dates - see below. How about they prove it first - they are currently on year four of that promise. But lets ignore all that and look for what we only want to see. Larry sent your check is in the mail 8 mos ago, did you not get it?
Financial Outlook: As a result of the above mentioned sales and marketing activities, level of interest, and change in the business model, ARHT’s management team is targeting for the Company’s revenues to double in the coming fiscal year, to break-even inside of the next twelve months,
with an objective to be profitable in fiscal 2019. “On the heels of strengthening our balance sheet, we have hit the ground running on a global basis and our new business models have been well received,” stated ARHT CEO Larry O’Reilly. “We have a world-class technology and a great opportunity to deploy it globally. The strength and appeal of our product is perfectly suited for many vertical markets and applications, which I expect will strengthen our financial growth and augment our shareholder value creation for the future.”
kewlmoed wrote: From the NOV 22 investor presentation. Company is well capitalized for growth with over $6.4M in cash, no long-term debt and targeting profitability in 2023. Large customer just onboarded. Huge announcement next month. All earnings have been invested into expansion. Yeah, they’re really struggling. Goof!