GREY:ISYRF - Post by User
Post by
Orillia7on May 09, 2013 11:52am
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Post# 21357672
read the quarterly report on Sedar
read the quarterly report on Sedar Buried in the subsequent events section is the nugget about the $1.2M to $1.4M that will be recorded in Q2 related to strategic activities and fight with shareholders to stay on the board. That is quite a parting gift from the ousted board members. Meanwhile no money for R&D or Marketing. Are we selling off because of the bad Q1, or is there more to come when people realize that Q2 will be TERRIBLE. I really thought this company was going somewhere with this new qualcom stuff, but how can they when they are spending all this money on worthless activities and almost nothing on the business? Imagine if they spent $1.3M on sales, marketing, R&D, or acquisition, instead of strategic committees.. I forgot about the other $1M+ wasted on "strategic activities" over the last year. Thanks Phil. There are plenty of alternatives out there to invest in. I'm out.