The Reason This Has Come Down Is
because people continue to see this wrongly...they keep seeing this as a ppe company only and the major reason Jeff Schwartz was careful in not trying to define it that way although he should have talked about the contracts properly and when they were coming not waiting several months to do so. This stock took a huge spill when the Pfizer news came and hasn't recovered since but again this is unjustly being pulled down regardless of whether the ppe extends or not. From Sedar for 9 months ended September 30th 2019 revenue was 7,721,194 with gross profit of 1,273,236 or 16.54 percent September 2020 same period 9 months ending on the 30th revenue was 62,441,767 with gross profits of 5,539,211 or 8.8 percent but For 3 months ending September 30 2020 you have 20,145,225 with gross profits 2,683,003 or 13.3 percent Total revenue of 82 plus million. Now here is something really interesting to point out during these time periods respectively look at the net loss it is pretty impressive 4,874,541 nine months ending Sept 30 2019 2,483,208 nine months ending September 30 2020 3,325,892 three months ended September 30 2019 837,027...yes that's right!!!! Let me repeat this 837,027 three months ended September 30 2020 Now is the balance sheet strengthening or weakening here??? Should the price of the shares be going up or down here!!!! All from Sedar filings...the company pulverized the net losses and looks to be on trend of doing so and when it keeps moving like this it inevitably means EBITDA positive for those reporting periods...that doesnt mean overall positive or net positive but with ever increasing strength in that it will move to it. People look too much of the revenue of 20 million or whatever but you also have to look at the net loss!!! From 4 plus million to about $840,000 that's not a joke here!!! Shares severely undervalued at this point regardless of tomorrow or next year. And if we look at this trajectory the balance sheet will only strengthen. The company will get protect the force at some point which I strongly stand by this year despite the few days now left. But whenever it is shown it is inevitable all this tom foolery will have no where to go but put to rest. The company's balance sheet is stronger not weaker and it hasn't been properly accounted for as far as I am concerned which means the shorts will likely face huge pressures when this no less than doubles up in the news we are waiting for...let's see though everything outside of the hard numbers is an opinion so take it whichever way but the numbers show strength not weakness and so too should the share value. Just look on Sedi for yourselves to verify all this.