Command Center Inc (fka CCNI)

[mikeonmicrocaps]

Glad to see your comment. I also wondered why CCNI has taken such a huge hit. The only factors that I can think of are that some branches are in the oil drilling regions and they were effected by the price drop in oil.. Also the company has focused on cost control and efficiencies rather than revenue growth. To that end, they had a purchase of a debentures of LTNC, a competing public staffing company. That outcome is unclear. They had to expense the cost of the note, ( $174,000?), and also had to expense their prior workers compensation insurance company that also made them write off an additional $250,000. Right now, IMO, CCNI is a prime takeover candidate as they have about 8 cents in cash, little or no debt and a solid foundation. They need to focus on organic growth, value driven acquisitions and driving their revenue above $100 million.