Definitely a horrible report, 3 million loss, pps is way over valued. 1 executive and 13 employees, no real estate as it is all rental property. Very little cash, TCA payment = dilution. Stock price should be subpenny very soon.
Bottom line is there are almost no tangible assets. Only using temp employees to continue an operation that is hemorrhaging cash. Nothing but debt, 20 percent loans. Not to mention they discontinued using "Labor Smart".
Even they don't want to be associated with Schadel's abortion.
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