I do not think there are *expectations* other than getting their ducks in line with costs savings and getting the IP monetization plan+ the OEM distribution of Strong Box rolling.
This is a turnaround story with a lot of potential put some shares to the side and forget about them for 2-3 years--I wouldnt focus on one Q. The CEO said this would take time but the bottom line is the value of this tech could be worth 10X the market cap r more.
Hi last public comments
"Crossroads has made dramatic progress on all fronts in the last six months," Coleman said. "I'm excited to be part of this team and to help write the next chapter in what will ultimately be the story of a great company."
CRDS 5X reg volume and still 3 hours to go. This in addition to 1.3mm shares two days ago--it ran up 90% a few weeks ago on 2mm --im sure you know:)
Its just another point of security but will also give Crossroads a LOT of tax free dollars if they turn profits and or have a BIG gain on IP. Thats 10$ cashper share that is not taxable.
Yes this is a tier 3 player but like the CEO said--he believes that Strongbox=gold. In this market--gold is a lot of money.
That's a funny term-- massively asymmetric. I think someone is saying there is a 90-10% probability of massive gain versus capital loss(90-10 is scale tipping). I guess you have to like those odds.
And now its in much better position. Good management in place IP worth hundreds of millions Strongbox is a disruptive technology. This could be an epic epic run.
I have to take the CEO at his words until proven otherwise. He said dramatic changes on all fronts--Im not expecting a profit but this company has assets worth much more than 25-35mm--perhaps as much as 10X more--so righting the ship is worth the stock moving to the 5-6 ++area imho.
Yep--sometimes you see volume followed by a down volume day. The same people who follow OTIV follow CRDS--wow thats a stretch:) so ti is what it is. Im much more interested in what the CEO has to say on the dramatic fronts. The more you read and look into Crossroads the more you realize that the previous management did all they can do #$%$ the company up badly. I added to my position again today--although I have purchased since 1.00
Sentiment: Strong Buy