I emailed Jim Booth - Reply is below. Good Stuff!
1) We have been hearing of the hiring of an investor relations firm for quite some time now. Is this going to occur soon, or is it now off the table?
JB ANSWER - Definitely on the table and we have been interviewing perspective I/R professionals. We have narrowed the search and expect to initiate an engagement sometime after the first of the year.
2) Will STTC still be retiring the shares that were initially earmarked for a funding transaction that was canceled?
JB ANSWER - There are shares that will be retired, yes. We expect a final decision on this in December.
3) Will you be providing some guidance to the investors on Q4 outlook?
JB ANSWER - Yes. In the next few weeks. Q$ looks solid and without making any forward looking statements or commitments, it should be good news.
4) Will Kevin Holt be staying on with STTC?
JB ANSWER - Absolutely. Kevin is a key leader in the company. His experience and contacts have been invaluable in the past and will continue to be going forward. Kevin is very much interested in the success of the Company.
5) Can we expect STTC to continue with its stated business plan, or have there been any developments which have altered your course?
JB ANSWER - We will stay focused on our plan. In 2006 we met all of our key objectives and in the next few weeks will set forth the 2007 Plan. However, we will not stray from our core business, professional services in IT Infrastructure. We will be looking to enhance the Company's presence into markets that can be better served by a local office. We will also be looking to grow our SMB business and are close to completing the pilot program with COMPUSA which has been successful to date. We are continuing the integration of the recently acquired PeriNet security business which provided the Company with a stronger security practice and a Philadelphia office location. More recently, we hired a Subject Matter Expert (SME) in the Data Storage arena. He will, and already has, opened doors for potential business with customers we had not been able to work with in the past.
In summary: we will continue to focus on our core business, grow organically, expand our geographic, grow the SMB business channel, and consider strategic acquisitions that are synergistic, add value to the company and make sense from a price perspective.
IMO
