Maybe he meant the 'decisions' to reduce expenses were made in Q4, but we won't realize them until Q1 for full effect? If it is just a timing issue, and with your revenue projections, then BE is going to be a really good possibility in Q1, no?
Yes, I know not to get fooled again, especially about BE, but I'm now believing that a lot of risk has been eliminated. Not saying we won't have more dilution, but we truly appear to be back on the beach, instead of under the boardwalk.