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agribusiness72

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agribusiness72

Re: qtipjoe post# 5858

Thursday, 02/02/2012 10:43:51 AM

Thursday, February 02, 2012 10:43:51 AM

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The question is, are they nearing profitability, if revenues rise but costs go up substantially that's where the problem lies. With the hiring of new folks, more than likely the overhead will increase for a quarter or two. Their effectiveness will not be seen until two quarters from now. But something to keep an eye on. also the whole, proposed proxy is in itself an issue. If they are going to finalize that document and still plan a vote in March we should be seeing it very soon.
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