Hey Mike, I am wondering if you have looked at SVTE at all? It is trading at a p/e of 4 based on last q's earnings alone. Now that they have paid off the acquisition it looks like they could do .05 to .07 eps on an annual basis going forward.
Very bizarre trading behavior lately but I may have figured out what caused it.
On April 13, 2015, Carlos Arreola resigned as chief executive officer and as director. Mr. Arreola's resignation is not because of any disagreement with the registrant. We have provided Mr. Arreola with a copy of this disclosure prior to the filing thereof and informed him that he had the opportunity to provide the registrant with correspondence stating whether he agrees or disagrees with the disclosure contained in this current report which the registrant would also file such correspondence as an exhibit to this current report or an amendment thereto.
Robert Cashman, remains as the sole director of the registrant and has assumed the role of chief executive officer in addition to that of chief financial officer. There is no change to Mr. Cashman's compensat
Mr. Arreola had a half million shares. I am maybe thinking he has sold them and with the downward price movement a few shareholders also dumped creating a massive buy opportunity?
Just wondering if you have looked into it and if so, what are your thoughts?
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