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Re: TownScapes post# 2994

Wednesday, 04/20/2011 4:40:20 PM

Wednesday, April 20, 2011 4:40:20 PM

Post# of 3474
Finally spoke to Dave Stauffer today!!!

He seems pretty confident that there will be something out by end of month as 4-30 is the current deadline he's working with. And he is definitely aware of the concerns I expressed about this having such poor performance as a stock despite being a business with only a little competition and a model to expand from. He mentioned that their core is on the East Coast but they are looking to expand into Texas and the west, and may soon hire sales people out that way, as well as get into prisons and such.

As expected, he admits to having been a little naieve about what he was getting into when he bought the shell, and that he has been suffering through the learning curve. I sense he is definitely commmitted to getting this stock into the dollar range, and uplisting as he is a MAJOR investor himself. The company has very little debt and makes ongoing money with every hospital they sign. I felt reassured that it is a profitable outfit with a bright future but they need to get their ducks in a row regarding financial statements and audits.

So this is not a place for flippers and quick in and outs right now, IMHO- but I just might buy some more to hold long before it starts its assent.
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