InvestorsHub Logo
Followers 49
Posts 2912
Boards Moderated 0
Alias Born 03/21/2018

Re: None

Friday, 01/04/2019 2:58:05 PM

Friday, January 04, 2019 2:58:05 PM

Post# of 2833
Was in this trade years ago following the share price tanking. I had no clue it was still trading. Reading through the latest financials looks kind of promising. They should have a very low expenses and almost zero overhead. The company has 3 employees and all are over 70 years old. This company may just die when they do and no one will remember this company even exists. The expenses are far too high and compensation needs to be tied to revenue. Bonuses need to be eliminated. The company would have been nearly cash flow positive without the $280k bonus in 2017.

Creating a bigger online presence is a must to grow revenue. Live streaming club performances would bring in additional revenue for Scores, dancers and clubs. It would be the best form of advertisement for the clubs and dancers for additional patrons. Scores take part in profit sharing helps the company. I would take a large position if the company hired someone under the age of 35 in 2018.