Then you did not listen to the call on 5/30. Q2 Revenues will exceed $9 million up from $7.5 million for Q1, a 20% sequential increase with more to come in Q3. Can you say Verizon and NFL. Verizon accounted for 18% of sales through a new USA distributor last qtr. When qtrly revenues break $10 million watch and learn. It isn't like a company growing from $750 million to 1 billion, it is just $2.5 million in world wide revenues and 66% of levels already achieved. But Stifel analyst with a HOLD which he put last year when stock was at $2.50 and revenue outlook by ENVI was not good, not nearly like 5/30CC, and will go to a BUY with a target of $4-5. Other analysts will follow as new funds take positions and then bring analysts to talk their positions.
He is and will continue to be very wrong. The value of the ENVI markets, the solutions ENVI is providing to these emerging and significant markets is currently not in the stock price. With $46 million cash at the end of this qtr(7/31), a deferred tax asset of approximately $24 million the two equate to $2.60 per share. What is the business worth?
In 2013 and into 2014(you want to own this stock for at least a year to really win big) investors will make that determination. $6 is my prediction but it could go higher.