Note that the bi-annual dilution makes the loss per share look better than it should - losses went up by about 60% but loss per share by "only" 33% - behold the magic of dilution for a perennially money losing company. Of course all the longs get their shares diluted too but that comes with the game I suppose. That JP sure is a good stock salesman!
I wonder what decade this will ship? "Continued working in close collaboration with the Company's baseband partner under the terms of the new development agreement. The companies are currently working on the integration of a RF chipset solution into phone boards for an Asia-based mobile handset OEM." lol!
This is the customer about which the following quote was made by JP "were comfortable suggesting that there should be an order that we believe will come from this activity before the year is over"
This quote was made on the cc on August 15,2011 repeat 2011!!