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Re: SaltyMutt post# 142

Friday, 01/09/2015 1:32:37 PM

Friday, January 09, 2015 1:32:37 PM

Post# of 260
Thanks Picked up some shares. Will see how it goes.. Only thing I hate on RS is that it allows them to dilute again.. That's what you see on most the penny's stocks do. However based on last stated results I can't see why they would need to do that based on these two results:

(1) Generated net income of $18.6 million, or $0.15 per basic and diluted share for the year ended September 30, 2014, compared with net income of $1.6 million, or $0.02 per basic and diluted share for the same period last year

2) Increased revenues by $56.7 million, or 44%, to $184.3 million, compared with revenues of $127.6 million for the same period last year.

Based on that I have bought about 10K shares and will see how it goes. My Guess it we stick around .50 for a few weeks and then it goes up more again.

Also looks like good volume today wonder if others are noticing this one.

Thanks,

Eric