RE: RE: Q2The fact that their growing is good ... but they really need to learn how to make money! Expenses are just too high.. margins are too low. I think the solution is to be acquired and benefit from some economies of scale and the marketting engine behind a larger company. The problem as I see it is if the growth rate doesn't increase the company is just too small to sustain a profitable business with this model.
I think if the Earthworks and other ventures do succeed and the new products gain enough traction the company may be able to hit a critical mass in terms of profitability again. But the shorter term solution is to sell the company. An acquirer can eliminate millions in executive compensation, manufacturing overhead due to scale, R&D to some extent, and perhaps extend the marketting reach, co-market with existing products, leverage technology and patents, and so forth.
IMO, there is some value is a company that is able to generate revenue in the order of $60-$70 million US, no debt, decent technology. But again, at some point it has to come down to making money.