News Focus
News Focus
Followers 153
Posts 12276
Boards Moderated 2
Alias Born 04/02/2007

Re: SteveF post# 57428

Thursday, 07/15/2010 5:04:01 PM

Thursday, July 15, 2010 5:04:01 PM

Post# of 312101
Oh got it-- the one mentioned here? That's in the amended 10k: "... For instance, on or about January 20, 2010, Pak-Iit reduced its workforce from 49 to 36 employees as part of a corporate restructuring of the bulk cleaning component of the business. The Company’s Chief Operating Officer, Jacob Smith, is overseeing the transition of the plant from primarily a bulk manufacturing company to a highly automated plant that will allow the Company to grow revenues by becoming more efficient and producing the water soluble packets at a rate that will support a national retail launch. The retail launch will require retooling the existing plant to become more efficient and will ultimately lead to job creation through an expansion of the bulk manufacturing capacity as well as the set-up of a new Pak-It plant in southern New Jersey. ..."
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y