LRAD needs to announce more and consistent orders if they want the SP to rise
simple and bottom line ... LRAD had the chance in the old "woody" days ... bigger money was watching with strong interest .. Brown came in with the snail crawl approach and lost the attention the fast moving street. They will need to keep these type of orders rolling in on a very consistent basis .. if they land large 8 and 9 digit orders then we will definitely be in double digit territory on the SP .... if they continue the pattern that they have been then the street will continue to yawn at this company. I certainly hope that they get it together and we all can gain from holding this for many years.
Institutions do not want excuses and only if's .. they want this engine to be hitting on all cylinders ... then we get the attention we need to move this one up and onward
Brown saved the day when Woody couldn't develop a product that people wanted to buy. However, Brown wasn't willing to change when the formula he was using wasn't working. That was probably two to three years ago when he should have made significant changes in his approach and/or resigned. He's had a seven year tenure I believe. They got one larger order, otherwise they've been stuck in the $15 million revenue range too long for an emerging technology/product.
Don't understand the malaise of the last two day or so days but I'm hopeful going forward as they seem to have people in place who know how things work. Brown said as much in the conference call.