Friday, October 01, 2010 7:12:02 PM
Looking over the 10K, it is pretty much what I expected during a recessionary period.
The report is for fiscal year ended June 30, 2010. Now another full quarter has passed. That almost seems like ancient history in today's fast-paced world.
So if that is all of the damage done from the recession, then I would say that Warp9 is in pretty good shape to participate in the recovery. They still have over $700K in cash on hand.
And did you notice that they haven't sold a single share in the entire year?
I believe it can only get better going forward from here. So I'm looking forward to the 3rd Qtr 10Q.
Good Luck.
VV
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