This company has seemingly done all the right things. Management restructure, signing distribution / partnership deals etc. Many of these indicate sales should have been occuring during Q1CY2011, but there was a measly 43k - less than the previous quarter.
Where are the revenues? Why haven't we seen anything other than 1 deal in Japan for Q1?
I'm not currently holding however am considering buying as it looks cheap. This lack of revenue from existing agreements is a concern however along with the very high quarterly cash burn.
KSX Price at posting:
1.2¢ Sentiment: None Disclosure: Not Held
