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Re: None

Wednesday, 05/24/2017 5:26:26 PM

Wednesday, May 24, 2017 5:26:26 PM

Post# of 141589
Regardless of the total revenue for the FY2016, the fact they released the financials was a huge step in the right direction. Getting current with OTC and removal of the Stop sign is significant, no doubt. Kudos to Brian for taking this action.

I’ll have to review the numbers in more detail when I get a chance. But I think it’s fair to say most people here were expecting higher revenues based on the contract awards announced last June (2016). Will be interesting to see what hits the books for Q1 this year. But just the fact that we have an unchanged low OS, no toxic debt, and are net profitable is an enviable position to be in! Couldn’t really ask for much more.

I will be most curious to watch over the next couple weeks, including the next court date, to see whether there may be any updates on the status of the settlement. I’m cautiously optimistic this is a sign that things may be resolved. However, it’s also possible after this past year, Brian saw there might not be an end in sight anytime soon for the legal games and finally decided it was sensible to get the company current again. Either way, I hope this means further updates are on the horizon.

Brian – I have given you crap for most of the past year… today you get my applause. :)