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Thursday, August 15, 2013 9:25:47 AM
However, I do believe, or at least hope, that you're a little light on your earnings estimate. If you are correct, Mr. Dugas has mislead investors as to the expected revenues for 2013, and perhaps even issued false reports of acquired contracts for this year (very illegal)... Even if the company had lost half (or all) of their contracts/revenue streams from 2012, the sum of the announced new contracts exceeds 2-3 million a quarter.
Personally, I think an investigation is warranted at this point. The numbers don't make sense.
Plus interestingly enough, he did not issue a change of principle directors with the SEC regarding the resignation of Mr. Geiges. Another incorrect move.
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