RE: RE: RE: Next Financial is out Well said. I agree with you 100%.
"There is no point making a touchdown when the stadium is empty."
The liquidity is virtually zero and has been for ages. Who wants to buy a stock that they cant later sell.
No one is watching the stock other than you and I and a handful of others.
Nothing has been done to create an awareness or excitement.
Moreover, when you drill down into the numbers and eliminate the extraordinary gains, the net income is about $1Mil. How exciting is that when the Revenue Number is over $25 Mil.
The margins are very slim in this business model as has been shown over the past years.
The company is now only insolvent or has now negative equity of just over $3Mil.
If you assume that the company will make the same net income of $1Mil for the next three years, then they will achieve a net shareholders equity of Zero.
The company will also have to repay most of its loans well before that time (2014).
Someone please remind me as to why I should hold on, because I can't really remember.
If things don't change soon, I for one will leave the movie.
Just my 2 cents.