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MikeDDKing

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MikeDDKing

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Re: None

Thursday, 08/30/2012 8:22:40 AM

Thursday, August 30, 2012 8:22:40 AM

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The balance sheet is really cleaning up nice. They are down to $656K in debt with $309K in cash. They should be debt free or effectively debt free (cash>debt) in two quarters. Book value is $0.18/share and tangible book value is $0.15/share.

After tax diluted EPS was $0.018/share although they are not actually paying taxes.

Mike

SwingTrade is my favorite board - #board-1781

Due diligence on my favorite stocks is located on the sticky note on the SwingTrade board.

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Volume:
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