RE:RE:RE:ID GrowthSetting share price aside and focusing only on the company, it is highly probable that the company will become profitable some time in Q2 2018. If you take all the quarterly statements and plot the revenue, cost of sales, and expenses for each quarter, what you see is a clear and consistent pattern. Revenue is increasing quarter over quarter, cost of sales is increasing only slightly each quarter so the revenue is quickly outstripping cost of sales. The expenses float slightly above 500,000$ per quarter depending on marketing activities. Effectively, the lines for expenses and revenue are diverging quickly and that’s without including any revenue from the majority of recent news releases mentioning large contracts. The company is doing well, it is taking the right steps so far to become profitable and had a good product. Their challenge will be to grab as much of the market as possible as the regulations on data are tightening. They are not a big name and are up against other companies who are household names so that will be something to overcome. On the positive end of this however, the product they sell is high margin so each subscription is significant for growth, and even a small portion of the overall market is huge in terms of revenue for this company.
Share price is a whole other thing. Seems to me it has been shorted to hell, but it ran up too quickly. It will get back up to where it was but will take some time.