Urthecast Corp T.UR

RE:Q2 will beat guidance and be profitable.

[investedwolf]

I hope you are right but IMO you have rose colored glasses on when you make that prediction. Management have announced no new contracts which tells you that those MOU's have not been executed into future revenues. The layoffs announced States Side also suggest that they are attacking the costs side of the business which usually happens when the bean counter expresses a fear of the cash burn rate. UR needs to execute its sales strategy and prove to the market that it is viable or at least moving towards viable. To date they have offerred no assurance of this and the cash is disappearing quickly!!! Time is the teller of all truths!!!