RE:When par for the course is a triple bogeyyou hit the nail on the head with this post.
leodevoe wrote: Yep the financials weren’t good. That’s no surprise. Anyone expecting them to be different was hoping for that unicorn ride they were promised. But I have to say they said some things I wouldn’t have. They seem not to be able to frame the dialogue in an effective way.
First, they moved from a development stage company to a production company. Really. It’s only taken 7 years since the RTO. I don’t think the word plume was around 7 years ago. Now In half that time it’s not only a word it’s also a company that has several deals with huge ISP’s.
Second, they had issues with production? They’ve been working with Kroger since late 2014. They had 4 years to plan and they couldn’t deliver on time? I’m sure a company that delta heavily on supply chain was impressed.
Third, they will be fulfilling the $1.1M PO over 6-12 months? They don’t know at this point?
Fourth, it might take 12 months to do $1.1M but then in years 2/3 it will be $24M? Maybe it’s me but that “opportunity” characterization is mildly worrying.
And fifth, where is the other business. Lots of Mediacom high fives. But revenue? Not a whiff. Other cable deals? Not a mention. Distributor sales? Nada. Sure I’m a negative Nelly but how can anyone take anything they say seriously. The dog ate the homework. The cheque is in the mail. I’m just going out for milk. I’ll love you in the morning. I could go on and on but you get the point. Or maybe you don’t. So you’re still waiting for that big deal to drop. Enjoy.