Stock price when the opinion was issued
Has given up on this one. Not so much that the company is not working well, it is. Doing everything it said it would. Only one broker covers it, it’s under $1 and no one cares. The deal with Crescent Point (CPG-T) was a great breakthrough for them and could lead to a lot of other orders from oil oriented companies.
Unless a company has a market cap of $100 million, most institutional investors are not interested because there is usually not enough liquidity for them to get a meaningful position. Also, there is only one analyst that covers this company. Estimates for 2013 is for earnings of $.05 in the current estimate of $.03 for 2012. You are looking for about a 66% lift in earnings. Have the advantages of recurring revenue.