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Re: JacksonT post# 3684

Friday, 05/20/2011 3:40:36 PM

Friday, May 20, 2011 3:40:36 PM

Post# of 38193
twasn't i who bought in today... upon further review they have sold off the security divisions who had employed 2600 people and were getting anywhere from 5-150 million dollar contracts... but their profit margins looked horrible... this of course was when they were reporting which stopped after the sale of the 2nd assset... i think they had 2 separate security guard companies... anyways it now seems to be just a trading symbol with some NOL's attached to it and who knows if they ever plan to acquire a private business and with the way NOL's are set up i think they would have to be another security firm as i dont think you can move outside your sector and apply the NOL's... that is if they could even make a profit as they already have shown in the past that they didnt i.e. NOL's and with the amount of pay that has to go to physical guards its tough to be profitable for them... so i will be passing

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