Asberry 22 Holdings Inc (ASHI)

[bernardsamuel]

I can understand your point of view here. Despite there being positive signs to be seen from a strong fourth fiscal quarter performance, this is still a company which has yet to show a profit for a full year's worth of operations, a company which has capital structure challenges (the debt is all short term), and a mom and pop operation with no outside directors to guide them.

I'd disagree with you about there being nothing positive to be seen in the 10K, especially since I've devoted a few posts to various positives. But without disagreements there wouldn't be a buyer for every seller, and a seller for every buyer.

I will make two optimistic predictions, first that Paul Knopick will soon come out with a press release that will make my optimism look like your pessimism (probably mentioning something about first fiscal quarter sales) and second that the company will be able to refinance its debt into a more stable structure, given the sales boom and recent positive operating profits.

We'll see soon enough...

Enjoy your weekend!