TurboSonic Technologies (fka TSTA)

[bababooyah]

From 10Q ending March 2012 they show $1.3 million cash. With $11.3 million revenue. Loss $2.2 million. In the 9 months year to date the cash decreased $300,000.

From the filing today they state revenues for year end June 2012 were $16.3 million. Loss $2.7 million. This loss includes a $590,000 impairment of goodwill.

If you add that impairment back TSTA would be profitable the June quarter on close to $5 million in revenue.

TSTA must be in buyout talks.

With last quarter's performance and the expected EPA mandates the price should be at a HEFTY premium.

Incredibly there is very little buying interest.

But dopes buy all the obvious group pump and dumps.

So be it. I'll be buying as much as I can the next 2 weeks.