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Re: fishhunter post# 41796

Monday, 08/14/2017 9:55:48 AM

Monday, August 14, 2017 9:55:48 AM

Post# of 53798
Agreed. What capital do they need to raise with a growing $4.2 million in cash? They can easily fund additional engineers for more R&D and more salesmen for a more aggressive sales strategy that they talked about with that money. The only thing I can think of is they're planning to open an overseas office. I know a lot of Europe could use our simulators, and we've already sold a lot to the middle east.

That profit margin sure is spectacular though. Maybe I missed it, but they used to have a NOL carryforwards. Have they used it up? They somehow avoided taxes with all the profit. What am I missing?
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