SunWorks Inc (SUNWQ)

[pogyman]

Buying good companies takes time. SLTD is specific on it's acquisition requirements. Not every company qualifies. A couple of SLTD requirements that I know of off the top of my head:

1. must be profitable.
2. existing management team stays with the acquired firm
3. much of the price paid compensation to the acquired company is in stock to provide for performance incentive
4. a specific size range in $ (currently, $ 30-50 million)

Nelson has specifically said at a presentation that SLTD will not buy problem companies and try to turn them around (He said that he was to old for that).

At that same conference I believe I remember him saying they have narrowed down to about 6 on a list for the next acquisition. It's good to grow, but not to fast. I personally like the speed at which SLTD is growing. I think it provides for a manageable assimilation into the SLTD corporate structure and finances.

Sorry if you see otherwise.