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Re: southacresdave post# 4828

Friday, 09/30/2011 4:41:35 PM

Friday, September 30, 2011 4:41:35 PM

Post# of 10804
bbotcs..SCKT..follow up: I received a reply from CFO already. The company is definitely behind their LCD shortage and the reduced production time for their Somo Computers is beginning to allow lead time for orders to drop (and they hope to be back to normal here soon to be ready for the 4th Q).

They've hired 3 people recently: senior customer service manager, an additional inside sales person, and a manufacturing engineer. They will add more as growth increases, but, this is what I like from the e-mail reply: "and by our desire to fund the positions from operations while meeting our objectives to be EBITDA and then bottom line profitable". Management is at least aware of the need to reward shareholders.

Also, they fully expect to have their bank line of credit reestablished in October and will announce it when they do.

Dave

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