with the $600K in options money + $500K in normal cash flow generation, CLCT could generate over $1M in cash last qtr. This would make them GAAP cash flow positive.
If I was them, I would have held off paying a few bills and held on to cash just so they could say that in a headline.
in the past few years it has been as late as first week of Sept and as early as next week. I think it will be next Thursday, announced on Monday. That would mean an insider trading window of less than 3 weeks as the window closes Sep 24. So if they report first week in Sept, I'm ok with that too as the window would be less than 2 weeks then
Last year burned $2.503M in cash. They have burned $1.028M through first 3 quarters of this year. Typically cash flow positive in June quarter. Should generate $500K. Last year were neutral due to China start up. Options exercised also add to cash. $600K options exercised in June qtr. Could actually be cash flow positive on a GAAP basis.
They also burn $700K/yr on discontinued leases. So if they do generate $500K, they will be cash flow positive from continuing operations. 1/2 of the leases expire end of 2015. That will decrease cash burn.
what is interesting is that they conned Wall St and investors not once, but twice!!! The secondary was $22.75 and caseyboy2 was touting this at that time.
The $60M shelf offering is another joke. No one will do a deal at the current price. More like 40% below the current price.
she views herself as an environmental activist. Other environmental activists distance themselves from her as they view her as a psychotic person and bad for their image. that is fairly sad. Even societies rejects wont take her in
I removed my post and I guess it removed yours. you read mine and I read yours. No need to leave that out there
I was wondering why the county just didn't reimburse the money. Let RVM decide when they wanted the road paved. Or just reduce this years bill.
what have u done in life Lynne? Besides being married to a criminal? No kids. No job. Nothing left once you are gone. No one will miss you.
County will repair road to mine to repay debt to Revett
Posted: Tuesday, August 19, 2014 11:53 am
Abigail Geiger | 3 comments
Lincoln County and Revett Mining Co. have come to an agreement over how Revett wil be compensated for being overtaxed for multiple years starting in 2010.
The agreement calls for the county to repair and maintain the road that leads to Revett’s Troy Mine.
Revett, which is the largest property taxpayer in the Troy district, was hit the hardest by clerical errors that resulted in the county collecting roughly $2.2 million more than the authorized limit.
But Revett also was uniquely affected by a separate error in calculating its net and gross proceeds taxes, or metal mines taxes. Revett ultimately overpaid $105,478 on its net and gross proceeds taxes, according to Lincoln County.
so knowing that, make a financial case why it is a bad investment rather than a stupid emotional one. This is an investment board, not the suicide hotline. This has been your mistake since day 1 here.
looking at the chart, a "death cross" has occurred. the 50 went below the 200DMA. If it does not reverse by end of day, it is a bad omen
you assume this will all go satellite and all go with ORBC. Many will choose cheaper cellular. Those that go with satellite may go with a competitor. Skybitz, who is much bigger than IDSY, uses IRDM. FLTX who is also very large is all cellular
IDSY has a nice investor presentation on their homepage. You should read it. It gives market segment analysis including ORBC. In the reefer market, ORBC has 79% market share but only 2% of the intermodal (cargo) market you just mentioned. The ex-Qualcomm division has 77% of that market. If I was you, I would view that presentation to get a feel for the different markets and their potential.