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Re: big lug post# 322860

Thursday, 06/17/2010 9:42:18 AM

Thursday, June 17, 2010 9:42:18 AM

Post# of 346922
lug,
I know nothing about question 2.
As far as the investment in Dicon is concerned, I'd like to know if they were profitable.
IF they were, in this day and age the opportunity to buy a profitable manufacturer at a price/sales ratio of less than 1 is an investment that I personally would give some careful consideration. If they were the primary supplier to my company, all the better. Unless there are some secrets that we don't know about regarding their financial condition....we never saw their financials.....Dicon is probably the most valuable asset that Spongetech owns. And possibly their most intelligent use of capital ever.

I'm tryin ta think but nuttin happens......Curly, the deepest of the Stooges.

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