RE:RE:RE:Going UP...?They have to be better at communication even if the premise here is that only patient investors will be rewarded. Patience has its reasonable limits when talking about people locking in money into one investment compared to countless choices of other ones.
TMG does not need to raise money to stay alive, but it could raise money to thrive through making investments to accelerate growth. I have not encountered too many private or public for-profit companies that have no aspiration to become bigger, if there are reasonable means to do so.
It is not only that they don't meaningfully hint on sales until the PO is signed but the last update suggests that there are recent times where they have not even announced a $1 million sale (and a $730K one). I say "meaningfully" because they do provide some number on PDA's that are up to readers to interpret and after an announced sale they may mention that the client is exploring other projects.
If they wanted to pump us up, they could float the $ value of all the proposals they issued...or deflate us if the number is smaller than what one is dreaming of. For PDA's, I imagine that there are some multimillion $ ones and peg an average to $1.5 million, thinking that I am being conservative. Then, as per my understanding, not every project is preceded by a PDA if a project is similar to ones already implemented. What does this all amount to? $50 million, $100 million....who knows.
A company that touts a sales (not backorder) pipeline of $18m to be filled over a few years IF they land those sales, that has less than $2 million revenues and a couple of million in losses has a market cap of $25 million. A few million below us whereby we have over $20 million in revenues, are cashflow positive and profitable, and have an order backlog to be mostly filled within a year that is equal to their entire sales pipeline (and a back order of a couple of million). As one example.