Post by
Mitch43 on Mar 17, 2023 10:31am
The main reason we are stuck where we are with sp
is the fact there are too many shares for the present revenue and no money to buy some back which might lead to a painful 10 for 1 consolidation.
so let's hope the latest contract may come to the rescue...
Comment by
SupremeNed on Mar 17, 2023 11:06am
no consolidation will happen. Listen to her interviews. Stop speculating
Comment by
Mitch43 on Mar 17, 2023 11:42am
I'm not bashing Lisa, However whatever she may say does'nt change the fact 200 million shares for the lpresent relative low earnings without cash flow is a strong indication of what may occur unless revenues start to increase rapidly.
Comment by
Nicksonsnowboar on Mar 17, 2023 11:52am
It's failed to break .51 and didn't come close to its upside resistant point of .55. It's still labelled as a stay in cash or sell. No rush to buy as downside in the short term is unlimited with anemic volume. Stay tune.