Congratulations on a successful surgery. Hope the recovery continues to do well.
Join the club. My recent posts have been deleted too, pointing out stock-based compensation being 31% of cash flow from operations and that the author of a recent Fortune article not knowing the difference between sales and earnings.
Two articles in the first section of the newspaper talk about police in foreign countries. The first describes police action in Bangladesh; the second, in Kenya. They beat up people in the street. Do you think these police departments will want body cameras to show their actions against civilians? TASR's Axon foreign sales will occur where there is civility and not where corruption prevails (i.e., limited foreign sales). TASR has already pulled out of Brazil.
Too bad the author of the Fortune article doesn't know the difference between revenue and earnings.
An odd comparison: 92% were satisfied vs. 20% not satisfied. Isn't it more appropriate to say 92% vs. 80%? Or is management playing loosely-goosey with the stats (right out of "How to Lie With Statistics")?
The value of patents is one of those intangibles under "goodwill" and at the discretion of management. A patent attorney could help you on the infringement issue.
Levi and Korsinsky are part of a group of legal hounds looking to get money out of companies any way they can. "Possible" and "Potential" conflict with fiduciary obligation is pretty blah. These guys were one of 19 legal firms that went after CFMS (they make custom-made knee replacements). Nothing's happened since their filings last September (nine months ago). If anything, it shows how desperate these legal firms are to drum up business.
The downside is that the stock could drop given (a) its 94 PE multiple and (b) 31% of CFO is stock-based compensation. Currently, the latter is growing faster than revenue.
Especially when accounting gimmickry is being used. During the 1Q16, 31% of TASR's cash flow from operations was stock-based compensation. It has also grown 44% YOY vs. 24% for revenue growth.
Booked revenue is not the same as sales. Sales are actual revenue generated. Booked revenue is like GE's backlog. It can be cancelled. Southwest Airlines recently cancelled dozens of Boeing planes. Given Brexit, Britain may cut costs by cancelling contracts to contain a 7% GDP budget deficit now that they are on their own. And Microsoft lost in district court (Microsoft v. United States) over foreign access to cloud services. MSFT is appealing, but if they lose, rival foreign cloud companies will blossom. If MSFT loses, foreign companies/governments will be uncomfortable putting information in American-run data centers if the U.S. Government can reach into their country with a unilateral search warrant. Evidence is run on MSFT's cloud service. TASR's foreign Evidence sales could be jeopardized. S: June 27 - July 3 Businessweek. A lot hanging in the air for a stock with an 84 multiple.