Recent qtr loss of 1.3 mil was 1.1 mil worth of currency translation. Actual loss was 221k.
Post Sarbox savings of 2 mil for 07 and 08 and 1.8 mil ea year after. That would be ~1.7 mil profit/5.8 million shares o/s = .29 per share profit projected per year 2007 and 2008. Not bad for a .65/.70 stock.
William Comfort willing to buy 119k shares at 2.10. Possible 3rd party to buy any excess beyond that.
1.3 million shares of treasury stock was bought for avg 1.80.
BV = 3.17
I may play this much bigger than 199 shares in a few accounts, lol.
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