<Ford has shown interest. Audi has shown interest. Toyota has shown interest.>
Well, I had interest in the wine cooler with the SPD door. Monty had interest in the wine cooler with the SPD door.
We never bought a wine cooler. Couldn't find a place to buy one--wasn't ever available. We had "INTEREST" and it never resulted in any sales.
On a side note, a friend of mine that used to work at M-B in Stuttgard said that on a item like SPD, M-B would only do a deal if they could have exclusive automotive industry access/use for at least a couple of years or longer. Dreams of Audi, Ford or Toyota...wishful pumper thinking at best.
The word <INTEREST> is the new <SOON> in REFR speak.
I too would suggest everyone listen to the recent conference call....right after they look at the financial performance for the last four quarters. One thing to notice is that SG&A expenses can go up to almost a $1MM in a quarter(seem results for Q1) when sales are only $140K in a quarter...seems like the risk of SG&A going up faster than sales is ever-present with this company.
>>If they do ever show, I hope they will comment on the 317,800 REFR shares given to insiders on Jan. 1 that guarantee the 1st Q 2012 is going to look even more dismal.<<
Why does the share issue seem to cause you so much anguish?
I use to complain about it, but now I would rather give them shares than money. If the company succeeds then they are rewarded. If it doesn't then they're out of luck.
Analysts already factor in the stock issue costs into the 1st quarter. As they would factor in any additional expense when analyzing any company. The focus will be on increasing income for the quarter. If it continues to increase at the rate it has the past couple of quarters then the Peter Lynch scenario will begin to take hold. With increasing income, increasing personnel at a small growth company, the tide may change.
Actually, if anyone looked at the numbers on a year over year basis you are exactly right. The actual loss in dollars went UP $260,000.00 in 2011 but the LOSS PER SHARE stayed flat at $.22 compared to FY 2010.
So, having more shares outstanding did reduce the loss per share!