They clearly know nothing.
and will be delisted have bought 30,000 shares recently?
Answer: It is an incompetent fired compulsive lying ex-employee. It is diseased.
"They have worked their expenses down and just a million and change more in sales per quarter will drive this stock up like crazy. "
100% accurate. And we know EXACTLY where those sales are coming from
(1) The new tier 1 carrier
(2) The new cable/MSO
(3) TWO contracts for Netwise Captivate
(4) The opportunity in Asia Pacific which is close to closure
(5) All the other sales opportunities which has meant they have hired new sales executives
All the clues are there. This is a growing business and all the facts will ne known at the Q3 CC. In the meantime to be able to pick up these shares for just 77 cents is absurd.
"From SMSI coming soon, new product =QUALITY of service!"
I also like the real time analytics data feature that they have acquired from Birdbrain. Carriers MUST know how connections are performing when they are transferred to another network.
Netwise will be a very impressive product when all the features available from Birdbrain are integrated into Netwise.
I also like the idea of working with their major customers to derive a business case which is not lumpy. This benefits both SMSI and their customer.
I was also giving some thought to how they could achieve break even by Q4 and it isn't really that difficult. So here's some food for thought
Q2 Revenues : $7.6m
Comcast Rev Q4 : $1.0m
Tier-1 carrier Revenues Q4 revenues :$1.0m
Second cable MSO Q4 revenues :$1.0m
1st Netwise Customer Q4 revenues : $0.25m
2nd Netwise customer Q4 revenues : $0.25m
Total : $11.1m
And this could be boosted by the Asia Pacific customer they are close to signing plus any other deals they can close by the end of Q2 (it seems to take at least three to six months months between signing a deal and the revenues starting to flow.
And if they average $14m a quarter in 2017, annual revenues for 207 will be $56m leading to a share price around $7 by the end of 2017.
Now watch all the bashers trash these numbers but without any justification. The mental mango will just respond with "rubbish" as it usually does. The gormless gherkin will simple post this is what was being said a year ago, and the year before that.....BUT there is a big difference now. Contracts are being signed. These are not partnerships where the company is relying on another company(e.g. Comverse).
Time will tell who is correct but I bought substantially more last week at price between 75 cents and 77 cents.
"If you didn't buy the why mention it?"
Look, idiot. This is for the benefit of all the members of the crass monumental idiotic community who think that when a share falls the investor loses money. if this is true then the corollary is also true - when a share price rises an investor makes money. Get it? So the price on the 20th January was 52 cents. It is now close to 77 cents. i.e. in the eyes of the crass monumental idiotic community I have made 48%.
Does everything have to be explained in such minute detail for crass monumental idiots like you to understand?
trash the company on a daily basis??
The incompetent fired compulsive lying ex-employee posts blatant lies day after day. It is diseased.
"Show me just one other 10K that does not have that verbiage within it, just one!!"
I have been trying to explain this to the mental mango but the explanation falls on deaf ears or an absent brain. I suspect the latter.
"That be_accurate and her alter alias "onthelongside" think it useful to hire more sales executives when the sales pipeline is overflowing."
You have less mental capacity than a mule, donkeybrains. You clearly don't have a clue how the sales pipeline is converted into firm orders if you think customer delivery people are required. Do try and grasp this very simple business concept. The sales pipeline has to be converted into firm orders. Once the company has firm orders, then delivery staff can get involved. Customer delivery staff CANNOT convert a sales enquire into a firm order.
This requires an elementary understanding of business which, quite clearly, you do not. Now do run along donkeybrains and eat some grass.