An e-mail from Joel Gering of Malers-Automation:
Hi,
The company did a reverse merger into a shell whose stock price
was 0 in February this year. With the price a shambles, the board
decided to tighten up the number of outstanding shares and start
building up the company from ground zero.
Malers has some very nice contracts, is developing new products
and is very active in business development activities. The
investor public seems to be looking for a quick turnaround, but
this business takes time and the board is working to build
lasting value.
Regards,
Joel
Joel Gering <malers-a@malers-automation.com