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JohnSamuel

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JohnSamuel

Re: Flobewan post# 140683

Friday, 05/27/2011 8:44:16 PM

Friday, May 27, 2011 8:44:16 PM

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Flobewan, looks interesting ... I will check it out ...

at first glance the only thing that concerns me is that their cash flow dropped from a positive $1,918,000.00 in the 4th quarter 2010 and dropped to a negative $3,762,000 in March 2011.
I don't know if it is a seasonal issue or whether this new business of approximately $2 million from the CARB will put them back on a positive cash flow basis coupled with other revenue ...

any ideas ?


jmho, johnny

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