I think the report is not so bad as was expected.
there are 78 million in cash and there will be no lose for 2015 because operations cutting.
AUDC is trading 35 Million above cash value and company is not losing too much - I don't see down direction
Maybe it will be bought but it depends if Shabtai will show the white flag and decide to sell
or maybe he will try go to another round that will crash AUDC to 1$
even if he sell the price can not be too high.
Better to sell - don't expect anything good from Q3
The business model is totally broken .
Shabtai is hiring while revenues are going down fast.
can go in 1 year to 1$ .
Gutman - the only option Shabtai have is to pump stock price a little higher and sell it to one of big players.
I don't know how much he can get but maybe 6-7$ - not more than that.
I hope he understands this otherwise AUDC will be like :
No other options for AUDC.
The problem is that market is taking now the negative side.
declining sales can continue and this can break model even if cloud technology will grow.
The question if it grow fast enough and there are no signs for that.