Wednesday, May 09, 2012 5:37:17 PM
Is this a company you personally are looking at? Is this a company GECO is looking to merge with/buy out/ get bought out by? That last one is funny seeing as they don't have all that much money.
Looks like most of their income goes to compensation and related expenses, professional fees, and consulting. Then there is the general and administrative expenses that are 10 times that of marketing.
As a personal investment, no thanks.
As a product line to add to ours? For the right price, sure.
For GECO to merge with or buyout? Hmmmm...??? You'd have to get that burn rate down quite a bit.
Again, not that you asked but I figure what the hell.
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