Only if managed correctly. The past 10-12 years should show you that after the PVCT boys (management) suck $3-4M a year out of your pocket the drug will sell at a bargain price to the big Pharma. Share holder value.... what a joke.... your a joke if you continue to buy this #$%$ company!!!
You would think that management would wait until these have news (sign china agreement, etc. )before offering more shares. Management lied when they stated that no additional funds are needed.
Managers are overpaid, ineffective and don't know how to work through the regulatory process.
How does this decision bring value to the shareholder????? Peter???
This thing is only good as a trading stock and even then there is no volume. Margins suck 15-18%. The company core is simply a printing business. There is a big risk with the security side unless they can turn existing customer over to security. Even then the hospital complex does not want to spend money and AUXO will sell the security product with low margin.
This has been and continues to be a boring stock.
Even this last quarter revenues up by 35% profit up by $44,000 and still $0.00 EPS.