RE:Anybody think of purchasing more?I had high expectations for the company and understand how COVID has "deferrred" revenues. Looking back on the past 5 years, the revenues have been lumpy and growth has been disappointing. The backlog remains at $30M, unchanged from the year before.
In the Small Caps Discovery interview there was to be a new product launch (what was that?), add the outdated website, the presence of a major shareholder TUS that has not delivered sales growth in China, and now the desire to have the ability to issue preferred shares, I don't see what the plan is to grow revenues. The company won't go broke given it's cash on hand, little or no debt and the support (?) that could come from TUS, but it looks like a value trap. Unless there is a company specific catalyst, even the tailwinds of a clean energy/ clean economy doesn't seem to help them.