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Re: A deleted message

Saturday, 01/17/2015 7:35:29 PM

Saturday, January 17, 2015 7:35:29 PM

Post# of 3052
Let's face it, ASTC's management never got close to getting their act together. I don't know whether your assertion that they sold the facilities for too little is right or wrong, but it wouldn't surprise me. On the other hand, facilities are more valuable to those who can properly utilize them.
http://www.nasdaq.com/symbol/astc/financials?query=income-statement

1st Detect has virtually no revenues. Every year it's "great progress, amazing sales coming soon.". Meanwhile, Trey picks up a big salary and bonus for less and less work.

Let's see how much SG&A decreases now that Space Ops is gone. My guess - not much.

Competing is intense among humans, and within a group, selfish individuals always win. But in contests between groups, groups of altruists always beat groups of selfish individuals.
E. O. Wilson

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