Re: What I Find Amazing... jscala
in response to
by
posted on
Feb 07, 2008 03:45PM
Yes, as I put in a previous post, at some point the licenses will dry up so that alone will not sustain this company beyond a few more years which is why I believe the share price is where it is. However, I also believe all that will change with the right M&A. The license revenue is substantial, which should be become even more evident in April; substantial enough for a solid acquisition of a ligitmate but small, new or underfunded company that could use all that extra capital. Once we have an actual ongoing business operation that can continue to be funded with license revenue, we will be golden. Even a half assed company on the NASDQ should put us in the $2 - $3 sp range immediately and with a strong company the sky is literally the limit.
As for the board, I cannt speak as to each member in detail but they have clearly stated their focus on the right M&A which is exactly where the focus should be.