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Re: fireopal post# 21491

Wednesday, 02/21/2018 8:32:01 PM

Wednesday, February 21, 2018 8:32:01 PM

Post# of 21822
That's completely different what you're saying. Those were during times where the company was in dire straits with messed up share structure (you were buying when Sileas owed over $15 million to Longview and pledged shares of the company as collateral?!), mounting losses, sequestration squeezing small suppliers like this company and others that didn't even make it-where some were having to sell off the parts in BK like at competitor Miller Halzworth.

Why in the world were you or anyone buying back then unless you knew the chances were great at an almost total loss? Especially when almost, like, what roughly 80% of the company's shares were being pledged as collateral for a pile of debt Sileas owed to Longview as I recall (and Alpha had something like 10% of the debt?)?...

That's on you not me for investing into what looked like a black hole to me for common shares and your result was kind of what I would have expected back then. I felt this was potentially toxic even before June last year. That definitely changed when the Sileas debt was paid down lifting the pledged debt cloud overhang and that big risk became a quantifiable 'known known' as a creative poster around here sometimes says.

At that point I was able to start quantifying what I thought was/is the value of the company moving forward in a MUCH clearer manner and in a better business environment.

That's why I asked that question the way I did and you still did not answer it directly. I've answered a bunch of yours so was hoping for some reciprocity.

This is all off top of head so U can go fact check if you want or whatever. Still don't get that you can't see how completely different the share structure and debt structure is now (basically straight forward now and at low levels).

The company is also at its best profitability for operations Since going public in 2009. 3 straight profitable quarters for operations with much clearer skies with the US DoD funding, which, BTW, is usually their biggest customer. Backlog is growing, revs are growing, cashflow should be great given low CapEx, AMPV hasn't even started LRIP,, etc etc...

All in my opinion only. Good luck.

I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
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