share price"In January and February, the company performed as predicted with recurring revenue of approximately $800,000 per month. With service delivery for these new and amended contracts beginning in the second quarter of the year, the company expects to add more than $75,000 to monthly recurring revenue by the end of June 2006."
"With the new business noted above, IP Applications remains on track to be cash self-sufficient on operations in 2006 and does not expect to need to raise additional equity capital to finance operations."
$10 - $11 million in revenues
Profitable and cash flow positive at some point in 2006
At some point these shares have to break out of this range. Market cap. of $4 million suggests this management team does/knows nothing about attracting investors. If Mr. Jacobson had any sort of investor following we are at $1.00. I read that about 80% of the outstanding shares are held. Why is everyone just watching? Either add to your positions or sell and get someone in who will.
I'm talking about shareholders with 300,000 shares or more.
Not us small shareholders. Does anyone not agree with this?