I'm taking the high end of the range (85M). I alway add charges back in (15M and 30M) to get at the real number. I'm also expecting 2013 Qtr4 to be excellent numbers. The past is gone and fiscal 2014, starting March 1st, 2013 will have 20-30 growth and PROFITS !!!!! If can't hold on to bank debt some dilusion is possible. The biggest PLUS.....The "talk" of BK is long gone!
just a question what makes you think they come in at the high end? to say "it now expects to report revenue in the $65 million to $85 million range for each quarter." sure don't bring me any faith it come in at the high end!
not only that they say we "expect"? what in the world? that is a 30% difference in price range after all this time? all it tells me is they still not even close to figuring out these books!
btw looks for nasdq letter since they not reporting, good chance they not get another extension and they boned.
Is the bar really set that low? Your going to invest in a company because it's not going bankrupt? They said they won't be turning a profit for at least another year. They only have $9 million, how are you so sure BK is off the table, just because they aren't talking about it. If they can't get finaicing, the will have to dilute, which will cause the share price to drop below $1, which as we all know will get them delisted from the Nasdaq. I traded on the words of the CEO of this company before and lost a gang of money. I know this is a different guy, but he was on the board when they made the false PR last fall.
Fool me once shame on you, fool me twice shame on ME!!!!!!
Good luck to all longs, but at this stage in the game, I am unable to join you.