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Re: scon post# 166112

Tuesday, 09/11/2012 11:17:41 AM

Tuesday, September 11, 2012 11:17:41 AM

Post# of 289430
I will agree that audited fins will help shareholders, which are points 1 to 3 in your post. On point 4, Walmart is one of the toughest to get into. I doubt it will be an issue with the other chains as long as the company can show they can handle the business - fill orders completely and on time with reasonable quality.

Keep in mind that helping shareholders is a long term proposition here, not in next 90 days or even a year necessarily. To him, using $50K each year to help with buyback is more productive than paying for audits. Keep in mind that doing audits and raising PPS as a result only makes PPS run higher and buybacks slower and more expensive. That doesn't help the company, just shareholders, since company has an LOC now and needs no funding from equity. Share price is unimportant until a move to NASDAQ is considered.

In the absence of that which is not, that which is, is not.

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