Here's a quick late night DD synopsis for the newbies tuning in....
We have three divisions of grayling. One of which that is already profitable with 2 cents in EPS (that's worth 40 cents alone for the PPS)
OUr float is only 8 million shares, and judging by how thinly we've traded I'd say the float is in fact 8M shares (unlike many bloated pigs out there).. The O/S hasnt changed in over a year, so the company isnt diluting, and they also raised around $2M dollars though private placements showing that they have money at hand, and dont have a reason to sell shares..
Clearcalm is the division of Grayling that has everyone talking.. They are in talks with other business's about upcoming contracts and potential mergers/acqusitions, and rumor has it they may be striking a deal with SCOTT, which is the number one producer of SCBA's (Self contained breathing apparatus) in the country.. If we do in fact strike a deal with them that means we'd have a monopoly on the entire division.. It just so happens that Clearcalms wireless headset fits perfectly into SCOTTS scba's... Hummmm Makes you think....
See you Monday!
Almost forgot.. Conference call Monday after the bell
The call is set for 4:15 P.M. EST and callers should dial (712) 451-6100 and use the participant access code: 999148#.
