InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,433.74
(
0.23%
)
US TECH 100
19,022.40
(
-0.24%
)
Dow Jones
38,647.10
(
0.00%
)
Brent Oil
82.83
(
1.04%
)
Bitcoin
67,143.10
(
0.58%
)
Post# of 8469
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

benchman

Send PM Follow Ignore
Followers 154
Posts 20210
Boards Moderated 1
Alias Born 08/10/2005

benchman

Member Level

Re: None

Wednesday, 10/24/2007 11:55:00 PM

Wednesday, October 24, 2007 11:55:00 PM

Post# of 8469
This post may have been overlooked:

This PR says they are targeting $40 million in sales for 2008:

http://biz.yahoo.com/pz/070917/126743.html

``These new orders are just the tip of the iceberg. Our sales department has been working at closing some deals with a number of multinational companies. We have a brand new facility to accommodate the rapid growth in sales. D Mecatronics expects this to be a record year for revenue and profitability. With our new facility and our new focus on large contracts, we are targeting $40 million in sales for fiscal 2008.''

This may be why the company is being bought out at .49 a share.

Bench

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up