Rooshine Inc. (RSAU)

[jrf30]

The best CC I've heard from them! EVER

They are meeting their senior loan requirements, which was a concern. They are looking at a few MILLION in EBIDTA going forward per quarer. that is GOOD.

The restructuring charges of $800K are going down, as they "wrap that up" as he called it. that is good, as they are almost finished with what the bank wanted. Good.

The insurance and workman's comp fees were renewed at a much lower cost, dropping the one time charges that were high in that area.

All in all, Ron gave more information than in the past, and it sounded good.

FINALLY!

He even said the words "We hvae turned the corner on our restructuirng and are optimistic about our future".

I'm still down, but still optimistic. And feel next year we will have over 20 cents in earnings. At least 5 cents per quarter. And that will make us a $3 stock, IMO.

Sorry to sound like a broken record, but I'm still bullish, in spite of it going down so much. It went down on the STUPID things that happened in the reverse merger (or is it a merger now?) and now that Ron says it is behind them I thin it goes back up to where it was. And my prediction is htat we hit a new high within 18 months. Maybe sooner.

Yep, still a bull. ANd buying a few more shares when I can down here.

Just my opinion. Rose colored or not, it is my opinion.