Tisa has horrible balance sheet, less cash than mitk and will probably need to raise cash or use more debt...I believe TISA, MITK and CAFN should merge....reduce costs and R&D spend and become a cash machine
you are a complete liar....
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I am long little over 76k share of MITK. For only having $20m in revs the CEO, CFO and CRO get 15% of those revs as their salary... They also get stock option...those salaries should be cut in half and more stock options granted. Giving them greAter incentive to see the shares rise. If they do not execute for shareholders by growing revenues and reducing costs then their stock option expire worthless. There Are only 49 employees to manage and 3 person executive team of A CEO CFO and CRO should not take home 15% of revs maybe 3-7% at most, they should have more in stock comp. Additionally they need to use some of the cash to buy IP if they can, related to mobile capture and mobile deposit or buyback shares. They should of announced a share buyback when the shares were under $2. Even with the over paid executives I still see non-gaap eps at .20 to ,24 by the year...with a 25x $5-6...plus they have .88/shr in cash