SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks -- Ignore unavailable to you. Want to Upgrade?

To: diddlysquatz who wrote (15313)8/7/2013 11:16:15 AM
From: statesidereport  Read Replies (2) | Respond to of 49402
 
The $1.4 million in payables is offset by $1.8 million in a/r and inventory plus they still have over $1 million in cash above that. The Deferred revenue as a liability will be turned into sales on the P&L. I'm going to start nibbling here. Your buying the business for practically nothing at a $1.3 million market cap and over $1 million cash.

stateside



To: diddlysquatz who wrote (15313)8/7/2013 11:19:35 AM
From: jorjen  Read Replies (2) | Respond to of 49402
 
COVALON-COV

I agree on all concerns and look forward to the next quarter. I took a small initial position right now.
If they do another strong quarter and release the results--------I doubt you will be able to buy at these levels.

If they start to have a good quarter and share or make any contract announcements..........the share price will jump.

It would be great to have a conversation with senior management.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News