will hold off writing the report til Oct ..will wait closer to DVD roll out.
I view the trip as a success since many of my thoughts and expectations were reinforced by meeting the management team. I arrived around in Jacksonville around 6pm and met the CEO, CFO, and Chairman for a wonderful dinner. We didn’t really talk about business that night since it was rather loud in the restaurant so we kept the conversation to sports, travel and other unrelated topics. During this evening I did get to see that they were very honest guys with great backgrounds. The type of resumes you normally see on Nasdaq traded companies. The next day I went to their offices and George (CEO) introduced every employee to me (approx: 25). You could really see the team work ethic and genuine happiness in every employee to be working there. George told a little story about every employee as he introduced them to me and made sure to get the point across to me and to the employee that he appreciated their hard work. After this we went back to the board room where I asked questions on the business model, ATM’s, DVD Kiosks, Other Kiosks, M&A, Fed Fund rates, Debt repayment, etc.
This company is a winner especially at todays prices. Any success with DVD's will get them to 20c+ next year in EPS which is why I want to wait for my initial report until I can get a firmer grasp on the roll out...The other reason I'm holding off on my report is because I'd like to buy more stock but don't' have the cash at this time but will in another few weeks...that said the company is starting to get the word out..roadshow next week in Atlanta and NYC so who knows..the stock might move up anyway. But thats okay too. No one is looking at this name and when a couple other new large investors "get it" like me, the sub $1 stock will be gone. I'm sure of it.
