Marketcap is still only $10mill. If all these new deals are hitting the bottom line as we believe they should be then the next couple of quarters are FINALLY going to tell investors the story about CNN. They are all cashed up now with the latest placement. Cash burn was just under $500K. Once they become profitable, this should easily go to $40mill marketcap and continue climbing from there as the business grows. I think in 6 months time the share price will tell a different story (yes I know we're felling multiple bouts of deja vu here).
This year has been impressive progress-wise.
CNN Price at posting:
0.3¢ Sentiment: None Disclosure: Held