these guys that say MPET is DOOMED don't know how to read a balance sheet. when was the last time a company the size of ours filed bk with OVER 25 million cash, little debt LESS than 1 million and revenues....answer NEVER
Qtrly Revenue Growth (yoy): negative #$%$60%
How long do you think they can keep that up?
Remember $10M just went out the door for the stock buyback to avoid delisting and $4M for seismic.
No wonder they have so many lawyers working for stock options......
Sentiment: Strong Sell
That's supposed to be negative 50.60% for year over year quarterly revenue growth. Hardly impressive.