RE:RE:More exposure I took a position here a few weeks back for the following reasons:
- Only a 21m share float. The sp could gap up in a hurry if the right person/institution wants to take a position.
- Clean balance sheet, and positive earnings (last quarter was not concerning).
- The recent 100m sales agreement. It blows me away that the market cap is hovering around 160m with so much potential going forward.
- Licensing: with the amount of product development in the pipeline and the increasing momentum with current product offerings, licensing could end up being substantial someday.
- Insider ownership. I don't recall the exact percentage owned by insiders and/or their close connections when I dug around doing my DD, but I remember it gave me the warm fuzzes.
- Management/BOD seems more than capable of taking this to the next level.
Looking forward to the next few quarters and seeing where the sp will be in a few years. Good luck to all the longs here. Cheers.