Show,
Perhaps those other companies are overbought.
Today's paid softball interview was just that...softball. All neatly covered by forward-looking provisions, lots of "expect to" thrown in.
The question about how they are going to acquire Dr. Gas is answered with a ton of forward-lookingness to it, and while it claims there will be a "cash component," there is also admission that shares will be involved. "We are going to do everything in our power to minimize it." LMAO-They have no power to minimize it...they have little to no cash.
As for profitability/breakeven, look at all the protective statements in bold..
A. The combined business operations of Dr. Gas and Aero could be close to break even immediately without any significant increase in sales if we were to abandon our NASCAR relationship and other marketing efforts. However, with our desire to increase market share across multiple product lines, we anticipate continuing to be aggressive in the area of marketing. With that in mind, we expect to increase sales to the point where break even is attained by the end of the second quarter of 2008.
Therefore, if breakeven is NEVER attained, they're covered. That's what you pay to make sure they write.
Ultimately, what they are saying, based on the LOSSES from the last Q report, is that Dr. Gas is as profitable as FCCN/Aero was UN-profitable last quarter. If that's the case, it's going to cost an arm, a leg, and 3 Javelin retirement plans to complete the "acquisition."
IMO/FWIW
"Taking advice from known stock promoters is like telling a pickpocket where you keep your money!!!"
AI
