Ifcr had a falling out with their subs and sued them. David the past CEO gave up his title (still on board) so as to personally sue smith trucking.
This company has been a turnaround project since 2012 when a truck belonging to a sub was involved in an accident and sued. The company has been getting back on its feet since then.
Stock was .15 in 2011 with run rate revs of 20M and the debt was 19M.
Today the stock is .0001 and last I checked debt was somewhere between 4-6M I believe and revs around 15M but with this quiet period it's anyone's guess what Oz is doing behind the curtain.
From my discussions with mgt, a new CEO with Nasdaq exp was being offered as well as new subs (one was in Tampa).
Overall, no r/s coming and so this can only go up
Throw in news about new subs, new CEO, lower debt, litigation settlement (we should get a few mill from smith) and this stock is a dime.