RE:RE:EarningsQ4 normally comes out end of March followed by Q1 end of April. My expectations for the Q4 are pretty modest, cash flow positive and some bookings momentum. Q1 is where they need to put their money where their mouth is with sales growth, both reveneue and bookings, actually bottom line profit should be possible as well.
And no I am not bitter and I haven't ripped on Atul personally or said he should be replaced, I did point out times when they did some less than up front things (buying sales, major sales shift from one time to long term, cash flow positive is right in our sites for years). My main beef with Atul hs been not so much as CEO but as the self proclaimed head of sales and what I feel is a lack of sales growth based on my expectations.
I also am not whining but feel that when things are put on this board that are flat out not true (sales projections for a year being used for a 1/4, market cap being stated off of todays number of shares instead of the number of shares at the time) it needs to get pointed out.
I am genuienly concerned that since they have basically stopped expanding their product their window to grow this complany is not that long before someone comes in with a better product. They have basically said the goal is to sell the company as soon as it makes sense so sitting at a 7 cent share price is in no way positive, having very few news releases on contracts is not positive, no vloume being traded is not positive. The only real positive right now compared to last year is bankruptcy seems unlikely in the near future as they are running cash flow positive, but if anyone thinks that this share price is going up without a major increase in revenue they are dilusional. My target is 50 million in annual sales and 10 million in profit, then maybe they could be looking at a sale price of around 50 to 75 cents (quick math).
And I would double down on my 12 month prediction of a 50/50 chance this company is trading 1 year from today, but now that would be due to a buyout. My other major concern is now that they don't seem to need to raise anymore money, the market cap in the tank and a high insider ownership we could see a buyout to go private that greases the insiders pockets and leaves everyone else taking something much closer to todays stock price.