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BiotechValues

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BiotechValues

Re: None

Tuesday, 05/13/2008 7:58:50 AM

Tuesday, May 13, 2008 7:58:50 AM

Post# of 199
I've recently been buying this one again.
They've gotten the financing to begin the retail launch of the Kangies brand shoes/sneakers. Even without the retail expansion, they grew net income by 267% in 2007 vs. 2006. Looks to me like they're on the right track. The financing arrangement that they've announced also look favorable to shareholders getting in at these prices. IMO, once they start opening stores and developing the kangies brand, this should move nicely. Any other thoughts- pro/con here?
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