RE: Emergeo wins Middle East emergency response cohi
thats great. I knew the stock bevor years. After the namechance, i got a good feeling. Emergeo Sol. brought the assets and kavalmedia the cash.
Now they are in a realy good position.
Thats not the first contract, they have Cash. the Problem was that the marketing don´t can generate enought contracs to bring enough cash.
In 2008 a new CFO Ricci join the company in sprin 08. in the next 1,5 month he can show his talent to work with money. The last sedar brings a net loss with 600k but revenues with 195k. With a new contract that position can be better. in my opinion in the next 2 quaters they can get a positiv casgflow.
The new vice president (news 09-29) sales & marketing works very quickly. his first contract in his time in the company