Monday, November 30, 2009 3:32:03 PM
1. They earned $0.011/share last quarter which is huge considering the share price of $0.16.
2. They have a pristine balance sheet with a book value of $0.144/share and cash of $0.084/share.
3. In the earnings PR they said they were recently awarded contracts in excess of $3M which is big considering their revenue.
4. They said they have a number of bid opportunities for new business whcih should allow their profitability to continue to grow.
5. On 10/01/09 they signed an IDIQ contract with the Department of Homeland Security.
6. In the Q3 earnings PR they stated: "We continue to pursue merger and acquisition opportunities."
Mike
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