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Thursday, August 04, 2005 9:11:45 AM
For a minimum a public company would need to have the same expenses as a private company plus what it takes to meet public needs.
If this company was private and acquired Sunburst one could assume it could cost no different than the public case.
If a private company could acquire Sunburst and make a profit by doing so, then a public company could too. The additional cost per year for public maybe $50K as it means more paperwork for the new location.
It all comes back to revenue. If there is $30 million revenue, then public costs can be absorbed.
sam
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