RE:Does anyone have some interesting or positive insight I've been long this company for a while and in the red like you, but I'm not just holding on praying, although that may help me sleep better. I think from a valuation standpoint, this company is worth about $0.85 based on growth from their main business segment and nothing else (not even monetizing PGX).
Looking at their income statements, it looks like their troubles are behind them. Sales have stabilized at around 3 million which I'm looking to increase this Q, and while still low, the earnings increased from Q1 to Q2. Fastforward to next year, and I think margins will be higher. Keep in mind they are investing more in R+D and SG&A in salaries for new PGX team plus costs from supposedly running two plants. Assuming they monetize these investments, PGX, functional drink, etc. while growing main business line, and reducing some costs or stabilizing R+D expenditures and we'll definitely see a higher share price. Maybe even the $3 share price that our maven 88guy predicited so long ago.
These are my thoughts, and I've been increasing my position at these prices.