GREY:NEPTF - Post by User
Comment by
Investorguy1234on Jun 07, 2017 1:32pm
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Post# 26336251
RE:RE:Q report tomorrow..June 7th
RE:RE:Q report tomorrow..June 7th Who knows what to expect but given the fact that they are releasing the financials at 4 pm and having the conference call at 5pm tomorrow, leaves me to believe that there will be little or no questions being asked at the conference call.
Acasti is burning through cash at a rate of 1.0 million per month and we own 34% of that. They had better get that ship turned around.
I'm excited and worried about the Neptune brand. They forecasted 13 month revenue of $ 48 million which is a joke. It should be closer to $50 million if they took the time to properly forecast instead of adding 3 million as a guess for the month of March 2017. That's the exciting part.
The worrysome part is that if they can't make a profit after all expenses (including stock compensation, depreciation etc), then they never will. That's my take anyways.
Looks like the stock price spiked today on small volume so it appears that the long term shareholders are hanging in there for better or for worse.
GLTA