GREY:ZMSPF - Post by User
Comment by
Samrenon Jun 02, 2016 8:05pm
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Post# 24929416
RE:RE:Ubika Research report-June 2'16
RE:RE:Ubika Research report-June 2'16The report says the company may never make money. Even with projected sales of 5 million next year that would still be a loss to the company of 3 million dollars per year based on 40 percent gross margin and a burn rate of 5 million per year. Not impressive. The stock stuck here and will be for a very long time. The buyers of the pp at 30 cents are truly insane.