2007(3mo)Net Loss 2006(3mo)Net Loss Percentage $730,408.00 $1,054,734.00 -31%
Based on this, it shows Paivis is moving forward, eliminating dead weight/expenses at a much higher percentage than the decrease in revenue. If Paivis continues to progress at or near this rate ratio, then we will see a profit in the next 12-18 months. I’m happy to see that they are eliminating certain entities/streamlining the business. I hope Paivis continues to do this and cuts all muda (non-value added functions/business arms).
The o/s is the same as it was last reported from TA…no shares have been dumped as some speculated recently - which indicates to me that the stock has been shorted several times over the past few months regardless of what the monthly short report states.
And as far as the LOI with Detroit or any other company…it’s interesting to read the negative spin on an acquisition of a private company, when many acquisitions/mergers happen everyday between public and private companies for various reasons…not always positive or negative…private owners decide to sell their businesses for a variety of reasons…In my current job, I work with vendors and suppliers ranging from $1M dollar companies to $500M dollar companies. And I have seen many of them sold many times over for many different reasons and very seldom, negative reasons. Many times, business owners will start a company and sell it for a major profit, once business takes off…they have life changes…they wish to retire….but obviously, DPC is a $38M dollar POS, since Paivis is seeking to acquire it. LOL Only time will tell.
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