Savvy Trades and Investments

[hweb2]

Any thoughts on the FSI CC? Q2 bottom line stunk. The 10Q says the bad debt expense was $231,696. But on the CC they said it's over $1M?? I was disappointed to hear that some of those Q2 sales are just lost til next year, and won't just rebound in Q3. They'll have an easy Q3 comp coming up, but not really sure what to think. Typically Q3 & Q4 are seasonally much weaker quarters. Sounds like they could be a lot better this year, but hard to have much confidence in management after they missed Q2 so badly. Do like that dividend yield, but may not be safe if the poor results continue. You buying any below $2.50? I'm tempted but don't think there's any rush.

Link to the CC transcript:

https://seekingalpha.com/article/4285997-flexible-solutions-international-inc-fsi-ceo-dan-obrien-q2-2019-results-earnings-call?part=single