Remember this call took place after the 2nd quarter was 1/2 over so Mike had a pretty good fix on the 2nd quarter at that time. Mike stated that after the 2nd quarter he thought he would have something to talk to institutional investors about. He also mentioned backlog. Then consider that they were able to increase the revolver at what looked like good terms to me in a difficult environment was very positive. I suspect that they had to show good revenue numbers for the 2nd quarter as part of the conditions to get the revolver done. I feel very good about this quarter and added a little this week to my already large position.
Send stock manipulators to: enforcement@sec.gov-and to jail.
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