The interesting thing about their expansion plans is obviously the upfront costs required to get into markets, clearly, revenue is increasing, however not in the areas they seem to be focusing on (Asia), with all the rev increases coming from EU/USA. And I believe as a result of one of the guidance comments that as they are not expecting the follow up payment to be made to the original owners of their newly acquired business, they don't believe it will add the required $450k in revenue to the sheets. So basically, we're gonna have to build out of directly generated sales.
Interesting stock, been lightly following for a while now. Will put more grease into this over the coming months.
BXN Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held
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