P10 Industries Inc. (PX)

[bob4uall]

I'm still holding to a forecast of minimal data in the operating results of the financial report due out sometime very soon. If the acquisition's effective date was in October, there will be nothing to show for it on a September 30 balance sheet. If nothing on the balance sheet, then nothing on the income statement as well.

I saw something-- I forget what-- that seemed to indicate that the closing could have been in very late September. If true-- and I am doubtful that it is-- the balance sheet could be quite interesting. Still, the income statement may only contain just a few days worth of revenue and expenses.

Not being knowledgeable about such transactions, I don't know if merging the taxable entities into one is needed for the NOLs to have effect or what such a move would cause in reporting data prior to the acquisition.

Furthermore, the management may choose to reveal whatever financial data that they would want to about RCP.

So there is at least a good potential for a positive surprise at the next report date. I agree with Chemist's expectation that share price would rise until the report. And there is a good chance of a letdown after that (sell on the news) but maybe things that turn out better than expected will give the price a huge boost!