RE:RE:RE:Q3 Results3 good posts on the Q3 results. I am a bit more optimistic i guess. YOO is now generating positive net income regularly. 2 years ago, we would have been thrilled with a quarter without a net loss.
There are not that many penny stock companies out there that have a balance sheet and the ability to turn in a profit like YOO. We still need to be patient. As we have said for a while now, the stock price being stuck at 0.14$ is more related to the lack of visibility then anything else. If they keep up with their collaboration agreements with other companies (notably on the US side of the border), and if they can eventually come up with another acquisition, i guess we may see new investors coming in.
At some point, i am wondering if the low visibility of the company is not a bad thing for now. The company is not rushed into making decisions they would regret because the pool of investor is quite static. Eventually, we may see influx of larger investors that will start pushing and demanding results. This may not be a good thing at the moment given the current trajectory of the company. I kind of have trust into Grant and Mr Boone, so let's give then 1 or 2 years and see where they will take our ship.