RE:It's January 10thtamaracktop wrote: $3.8 million in revenues coming in the next year-and-a-half.
REVENUES !
"This first system is contracted at approximately $6MM, not including ongoing after-sales support of an indeterminate amount. This contract includes a first payment of approx. $2.2MM. The first payment has been received. "
It's January 10th
There have been 5 business days in the year so far.
The $2.2 million initial payment will likely be included in Q4 revenues when they're announced.
Don't get all excited.
The market will blow this off.
It's been two sessions since the "Breaking News",
and the stock is up two cents.
As for follow-through, there wasn't any.
Opening at a the day's high and closing at the low is as bad as it gets.
I suppose down ten or twelve cents on the day would have been worse, but there's always tomorrow.
There are novices here that think this stock is cheap only because it was once much higher.
For a very long time now, the right thing to do has been to sell into strength.
Every indication I can see indicates this could get much much worse .
Perhaps as bad as it can get.
Personally I can foresee the possibility of problems here no one has mentioned on this board yet.
A couple of posters here are actually "poster-boys"
Poster-Boys for an expression regarding flogging a dead horse.