Based on the numbers in the PR and what the CEO of Flotec stated in 2007 about doubling revenue in 2008 and again in 2009 that will project to approximately $3M in net income for the remaining 3 quarters this year and over $9M in net income in 2009. That of course is if they meet the CEOs expectations (he projected $10.5 in May of 2007 for the year 2007 and they ended up with over $13M) and margins are similar to the past 12 months. I think margins could possibly improve since the totally relocated their facility in 2007 and added a lot of new equipment, people (more than doubled the workforce to 80), and procedures (MEP) to the mix. But then again you stated you do not have a position so you need not worry. I know I am not.
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