TSXV:SQD.H - Post by User
Comment by
WileyCyteon Aug 17, 2018 8:05am
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Post# 28476461
RE:RE:Earnings out
RE:RE:Earnings outI am not sure I share your enthusiasm Tom. The company is now spending $10 to make $1 and they have been around for how long? Ive actually been a long SH for 2 yrs now and when I look back at the investor presentation from when I first noticed the company, it's impossible not to acknowledge that they have come up laughably short of all financial projections. Now I have to start and question why. Certainly the revenue generated the past 2 quarters is disturbingly low - $176k and $220k? Which has led to a $5 million loss thru Q3. What are they doing exactly to incur those kinds of losses....paying customers for each kit 'sale'? This guy Morris has to go. Every press release is the same for 4 quartery now..."get ready. ...big revenue coming from recurring kit sales"....and then they announce $176k total revenue, for the entire company, for a full financial quarter. That's a joke. I don't know what these mega millionaires see that I don't. Plenty probably but in terms of sqi my patience has simply run out.