Where is Livio on this one? I havent heard anything from him in months but guess he is busy doing his thing rather than worrying about a small tsxv listed technology company. It would be good to have his input as he got me into this stock.
I cant believe that it is down to .05cents were it was in 2005 when the company reported revenue of $4million. Now we are doing over $20million with a small profit or loss/ breakeven... expanded into so many global markets, expanded tea and even took out another technology company in the USA. Plus the global markets for clean energy technologies is absolutely exploded.
Current market cap is around $9million which is trade .5 actual revenues! It should be trading around 2-4X revenue for a company in the clean tech space with a solid portfolio of energy saving technologies and a proven track record.
At least it should be trading around 2X revenue =$40mill / 161 mill shares = .25/share.
It is SOOOOOOOO undervalued that the best option would be to seek a strategric partner to take the company out. No point in managing this thing like a private business.
It is what it is. Not loosing sleep over this one but needs to be removed from the TSXV. Maybe delist, rollback and relist on a senior board in the USA.