I did some napkin math to work out how much revenue they would have if they stopped all operations.
$1.4M quarterly revenue * 4 * 3 year average contract length / 2 (assume each contract is halfway through) = $8.4M over the next 1.5 years.
If they fired all sales people tomorrow and stopped all RnD you would assume they could make at least $5M from the business they already have signed up. Compare this to a market cap of $8M
IMO the share price is getting too low to support more capital raising so they are likely to focus more on short term profits if cyberbiz is going slow. This should give the share price a nice bump so I tripled my holding during the dip .
TNT Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held