Last earnings releaseAnalysts were expecting close to $5 million for Q2 2021. Based on growth from GSX and Mitel. Martello reported $4.4 million. Substantially lower. With the loss of ELFIQ, Mitel was virtually flat. I am so afraid of what they will report in February. $4.6 million mostly likely. Still well below the $5 million target. Then what is going to happen to a $0.20 stock?
John said something very interesting during the call when he was addressing, again, how he felt like the company was undervalued. He stated he liked seeing the run up in share price before the earnings, a vote of confidence by shareholders.
Ok here is the problem. $0.28 a share is absolutely nothing to be proud of or talk about publically. Bruce stated in his Midas Letter interview in 2019 that this company was a $0.50 to $0.70 stock right now. Well that was almost 1 year ago and not only are we not that, we are nowhere near that even with an acquisition. Someone needs to be held accountable for this.