RE:Reasons We're At 8 Cents and no gain todayswyint: you're wrong, as a company with no debts, $13M cash, $53M assets is definetly way more worth than $33M MC!!
EOM
swyint123888 wrote: In 2022 Dilution was increased by 66 million shares minus lets say 22 million bought back total by year end and 13 million cancelled options so a net 31 million in dilution
2021 Total Revs
44,977,000 of which covid was 40,926,000 and AI was 4,051,000 so over 90% covid
YTD Total Revs
27,500,000 of which covid is 23,720,000 and AI was 3,780,000 so just under 90% covid
It looks like unless we get over 17 million in total revs in Q4 2022 will be down YOY
AI revs in all of 2020 were 4,101,000......in 2021 they were 4,051,000, it looks like we will at least break the down trend this year as we are at 3,780,000 after 9 months
Summary by what I see
Revs will be shrinking this year and we are still a covid company in the markets eyes, this is very clear to see as the numbers totally back that up.
If they do things right 2023 should be when these 90% of revs being covid start to turn but again as of this report we are a covid company. Q4 report is over 5 months away so unless we get updates that include numbers or large reported contracts DM will continue to stand for "Dead Money".....all the misleading pumpers that were on this board for 2022 have been totally wrong, the above numbers don't lie....we are not under valued we are an 8 cent company as the market wants to see growth and clearly way less covid exposure to top line
We need to start displacing the covid revs with sustainable monies.....2023 looks to be the start of that but as any real investor knows it won't happen over night or even over quarter
Is it 2024 yet