RE:GGG filed M, D and A and financialsI agree. The income was dismal and that may change a bit when the next financials come out.
They put a positive spin in the MDA but then thats based more on hope than facts.
The amount they are burning through is disturbing for a not profitable company. Over $600,000 in the last quarter. So even if the financials go up they will still be short I believe and more dilution could come.
Over all not what I expected, but then again this is the venture and usually its only the CEO/s and the banks that get the cheap shares and make a profit.
The positive is its an inovative technology and will some day be better understood, however that could still be a long time from now.
No doubt we will drift down to the low teens over the next 3 months although I hope not.