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Alias Born 03/14/2012

Re: onarun post# 14120

Monday, 11/26/2012 10:07:34 AM

Monday, November 26, 2012 10:07:34 AM

Post# of 29204
Lack of profitability, no guarantee of profitability in the future, too many shares outstanding, shorter's, ongoing warranty costs, royalities to UTC, high cost of materials, overhead, utility costs (LOL)? Take your pick. Take a look at Q2 2013 Conference Call and you tell me. I didn't answer Lloyd's question did I? I did allude to "new" management's inability to turn a profit in 6 years and did provide a fairly broad overview of the potential market where that profit hopefully can materialize. I still contend that the high compensation of upper management is out of line considering the warranty cost, and royalties both of which materialized under present management's tenure. Perhaps off-setting some of the aforementioned costs should come out of managements hide, not ours. There are brighter bulbs on this hub than I that may be able to answer the question for you.

Take a look at Jayme L. Brooks's - Chief Accounting Officer and Vice President of Finance disclaimer, at the beginning of Q3 2012, wherein she pretty much sums up all of the land mines that may affect forward looking projections. Compare that disclaimer to Q2 2013 which is much shorter. Makes one wonder, especially when accountants are involved.

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