RE:RE:RE:Beacon Secrities- cantechletter.com + canaccord Every bit it keeps coming down I keep pinching myself in disbelief.
Though they diluted the retail investor's share of the pie through numerous rounds of investment, management and insiders have a lot invested in this. It can not fail for them. You can look at their rap sheet and you'll see they did the same thing with BW Technologies ...and after the hostile take over of BLN, they kept going back to hire the people from the old BW Tech. They've been putting together a bunch of new products. Repeat of the same story ...except BLN has a business model that once the business is established, the recurring revenues of subscription should give it a lot more value vs BW ...BLN is also making many of the BW products obsolete. Adoption within well-established industries take time ...feels like the corner is near. Hoping they should reach profitability within the current cash reserves in the coming quarters ...from there, once they show positive returns and draw momentum in sales, hoping it should ramp up ever faster. GLTA