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Mitek Systems, Inc. Message Board

  • patientmd patientmd Dec 18, 2012 4:28 PM Flag

    profitablility- if not now, when???

    with new contracts with large banks and with cachet financial systems which has tremendous network of credit unions, when can we expect this company to generate enough cash to be profitable;

    what is the use of having the best technolgy in an expanding area if you undersold your product and are trapped within contracts that will not generate enough revenues for quite some time? will competing products come on line before we investors can benefit from our foreshight; now having
    achieved some credibility with users, is management in a position to gather new clients with contracts that will be rewarding?

    hopefully, someone can provide answers to these questions. Also, are we on the verge of stock about to surge upwards as it gains traction in the marketplace with patented technology or do we have patented technology useful to many consumers but of limited commercial benefit at present?

    Sentiment: Buy

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MITK
3.30+0.01(+0.46%)May 29 4:00 PMEDT