RE: Ifwhat do you define as positive?
if Q1 revenues are @ $1.5 million w/ expenses of $8 million:
- An optimist would say: "Awesome, they increased their revenues and are showing growth from Q4 2010 to Q1 2011"
- A pessimist would say: "$8 million of expenses dwarfs their revenues and as such they are not a profitable company"
Personally, I want to see an increase in revenues ($1 - $2 mill) with a minimal increase in expenses ($8.2 or $8.5 mill) in order to justify that Poynt still needs time to grow. My "go- no go" decision on this stock will most likely be on the Q4 2011 financials provided that the Q2, Q3 2011 financials continue to show improvements in revenues.