May. 8 at 9:55 PM
$PESI Anyone listen to the CC? The Q&A was literally like a couple of the underwriters' analysts and some old guy who has been following and cheerleading them over a decade, constantly amazed at the company's potential and future opportunities....for over a decade. That is just sad.
$11 million in quarterly revenues for a company listed for over 30 years... Just fold up shop. They are close to the point they may not even be able to place equity. Anyone who participates is funding losses and keeping the company alive so management can collect compensation . There might be some stupid enough to do that at a big enough discount, and then they can watch the market pass them by, waving at them like it has for over three decades. Just waiting for the small glitches and bugs at hanford to turn into bigger delays and halts.
$100 million in revenue?Heck their run rate is under
$50 million and you need
$200 million to justify the current share price at 1X revenue given the unpredictable results