American Electric Technologies (AETI)

[Phil(Hot Rod Chevy)]

All very good points.

When I read the PR I thought the same thing.

They lost almost $2MM on 3 projects?

They said they hired an additional project manager. Seems like too little, too late.

I'm a consultant in the construction industry, and I know that in most cases fixed price contracts can almost always be adjusted for unforeseen problems that cause cost overruns.

If management signed a contract that didn't include that clause, they are bumbling idiots.

Phil