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Re: littlefish post# 117

Monday, 02/08/2010 5:37:25 PM

Monday, February 08, 2010 5:37:25 PM

Post# of 225
Accounting may be more of gileads territory and probably why he did such a great job at peggying this quarter's numbers but then I would bet he was low balling just a little smile.
I had to look up factoring agreement and it just confirmed more of what I considering "managing" their financials.
http://www.irs.gov/pub/irs-utl/factoring_of_receivables_atg_final.pdf

They may be trying to grow a bit too fast (such as increasing inventory to move into heavy duty) or maybe there are other explanations. I just felt a little mislead in the great cash flow expectations were masked.

I guess you have to spend more time finding the next big one and less time fishing smile.

I agree MikeDD may not be the only King around but nice to see him on board (at least in a contest).

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