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orioles

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orioles

Re: None

Tuesday, 12/21/2010 5:24:15 PM

Tuesday, December 21, 2010 5:24:15 PM

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The smartest thing for the company to do right now is pay off their debt. That was one of the obvious purposes of the Premium Homes deal. Pay off 2 million in debt, WITHOUT adding to the share total. It was mentioned earlier that they seem to be hibernation/cash savings mode. Premium Homes may even be profitable, so that may help pay down the debt, as well. We can see from the balance sheet that as soon as the debt is paid, they will begin to turn a profit. When they announce a profit, the stock price will move quick.
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