PharmChem Laboratories Inc (PCHM)

[cheddartart]

Very interesting changes.

Year over year results for the quarter look about the same if you net out the one-time charges from the proxy fight.

Looks like they're ramping up marketing efforts compared to the previous mgmt. Hope that's offset by lower salary expense that no longer have to be paid to the previous executives.

Also very interesting they already bought 1.5% of the outstanding shares back from the market.

The new board definitely has a much different strategy the previous.