Procyon Corporation (PCYN)

[btmfdr]

Well ghmm, it looks like I'm here to stay awhile... It looks like the growth trend of the past several years has been broken. I wonder if some customers were lost with the price increase last year.

Hopefully sales can be built back up again. Amerigel gets great reviews from people who use it, but there are alot of good dressings out there. I thinks it's probably pretty hard to compete when your product doesnt have any uniqe charachteristics.

With the 80% gross margins, it doesn't take a whole lot of new sales for the company to start bringing in barrelloads of cash. They are paying off the mortgage note early and I think thats a good sign. Maybe a step closer to starting paying dividends.

In addition, the results of the vote were in the Q. Quite a significant votes were placed against all directors. I wonder if that trust which owns 20% is upset with things.