Monarch Staffing Inc (MSTF)

[slawmd27]

This is quite a puzzling situation. I am gambling that the conversions will stop. Walters/Moore are likely looking to make millions through mergers/acquisitions. The way to do that would be to grow the corporation with M/A, roll it up, carve out any unwanted extras, and position the final product to be listed on a larger stock exchange. Too many additional conversions might adversely affect this. The M/A deals usually take 3-5 years to complete, and they have been at it awhile. Hopefully, we are coming to the big roll out.