"till MLTO show real turn around"
MLTO has not shown the first signs of turnaround yet, however the next filing will be a 10-k (for those that do not know the 'k' filing is the yearly audited report for the latest quarter ending Sept. 30th)
The company has stated that "at this point" the filing is on time, however it is up to the auditors and out of the companies hands
so the next question is.. what will be in the 10-k??
1. is the bare bones approach working and that the bottom line will be more acceptable...
2. are the current customers being serviced
3. what is the impact of getting rid of old managment
4. how badly did the old management damage this company
5. is the company moving towards profitability
This business model is very important to an underserved segment of society and this is the largest company looking after this need. From a humanitarian point of view it is needed,
financially viable?.... remains to be seen, not enough information to draw a conclusion yet.
There is no substitute for conducting your own research