downsizing! What's the point of fire selling stuff, if they can't make any profits?
That said, i think CRNT AVNW DRWI etc are oversold and ripe for technical bounce next 6-8 months!
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20-F was filed today.
They got their debt waiver as expected. Hadn't expected a problem but it is one less thing to be immediately worried about. There are some twists and turns in the calculations but they increased their working capital availability by a material amount which should relieve pressure.
Closed their office in Venezuela and Argentina, or I sure thought they had locations there. They may have just shrank them to the point where they were no longer material. Slovakia lease expires in September 2015. That is good too as they no longer need the space.
Head of North American Sales makes more than CEO. If he earned that this year, it sure doesn't jump out at me.
Pretty dull filing aside from the debt changes.
PSID ups the ante by filing another patent for its Firefly DX testing device. Can the stock finally break loose and reach 50 cents?