Stock price when the opinion was issued
(A Top Pick Nov 2/12. Down 47.82%.) There were potential acquisitions but new management decided to focus on what they were doing really well. Sold his holdings at about $5.32. Still owns a very tiny position. Have a number of tests under pilot for existing roll outs, which he thinks will start to appear in 3rd and 4th quarters this year. Chopped expenses dramatically, so expects they will be earnings and cash flow breakeven in the 1st and 2nd quarter of this year. Has some interesting technology.
Wireless Internet. Owns it personally. Challenges in the past are well behind them. Having success in oil and gas industry. After pilots there are follow on orders and customers refer each other. Dramatic improvement in backlog carry forward and tax losses going forward. 12 times level. Thinly traded. Reported a week ago.