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Re: LpMike post# 16546

Monday, 05/18/2015 8:51:59 AM

Monday, May 18, 2015 8:51:59 AM

Post# of 20265
ECOB has already shown that. look at their financial reporting over the past 3 years. revenues dropped as they went to higher and higher proportions of coating services. their strategy has been evolving. lumber companies won't give them credit limits, if any, worthy enough to buy loads of lumber to coat.

that is the real reason they have gone to coating only services. many of their purchases have had to be cash-in-advance. it is hard to do business that way.

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