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mojopuppy

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mojopuppy

Re: viking86 post# 688

Friday, 04/01/2011 10:01:14 AM

Friday, April 01, 2011 10:01:14 AM

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Viking according to the 10k the contract has expired. There is no reference to a new contract.

To me the entire story here is sales. It would seem recycled steel is a commodity and they should be able to sell it on "the open market". But that doesn't appear to be the case.

The whole question at this point is "where are the sales?"

Based on what I read in the 10k and the q4 report I doubt Q1 rev will exceed 40MM.
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