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WIRELESS RONIN TECHN Message Board

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  • wegmaster wegmaster Dec 12, 2012 6:33 PM Flag

    New Businesss

    I wish I was that powerful…I am just a shareholder who wants the best for my own return…my bet. No doubt I am a speculator… I put my money on the table and am in…only for myself.

    You watch…I bet...

    Sentiment: Strong Buy

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    • Weg, you've been pushing this stock for several years always expecting something big.
      The cash on hand is getting less. The last offering brought in $1.4 mil and $1.0 of that was eaten in the last quarter.

      At some point, the math will start to matter.

      Also alarmingly, the stock price has only dropped since the announcement of the reverse split. With the 5 to 1 reverse split, it still might be difficult to stay listed.

      With 100 BW3's getting rolled out during current quarter, we should see more math on what type of revenue boost this is for the company. Likely I'm guessing around $500,000 to $1,000,000 in revenue. Likely still not break-even however.

 
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