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southacresdave

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southacresdave

Re: cleverrox post# 113003

Monday, 03/30/2009 1:38:40 PM

Monday, March 30, 2009 1:38:40 PM

Post# of 173812
Cleverrox....the CEO and one of the other officers both said during the CC Call that they took the opportunity to "clean the books". Part of it was some infomercial they wrote off or something. Said it will help numbers in the future. Figured they'd do it now rather than stretch it out.

During a presentation awhile ago, CEO said that Wal-Mart "in store" sales weren't moving forward that fast because of the margin pressure Wal-Mart puts on suppliers. So who knows if that is one of the new Big Box retailers they are talking about.

It was a good CC call. I think the next 1-2 quarters will produce some interesting pr's.
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