A conversation with Managment I had a lengthy conversation with management this evening about the company as a whole and the stock price reflecting its value. Ultimately the company had learnt a lot about its growth from a perceptive of placement choices, the company is aware of how it was burnt and he risk reward that it has to choose before moving forward in contracts .
I stated my disappointment in the board and or management in taking more shares when possible. Given the large black out periods I hope more buying occurs. The company is cash flow positive and its hard to see a market cap of 14 mil. Yes a loss occurred due to 1 contract but I think that a lesion has been learnt.
Every quarter, a million or more of debt is paid off and Yet the share price is in effected. Long term
shareholders need to pick up a phone and express views to this team. The company is moving forward and although Toronto is non excisitent , money will realize the opportunity