First glance shows no negative surprises. I'm happy & relieved to see the financials. Expect the share price to reflect the value this new combined company has.
2014 revenues $26 million 2014 profit $1.15 mill (Twice the estimated amount)
2015 revenues $27 million 2015 profit ~Break even
Revenues not as strong as hoped but up over 2014 & excellent for a company trading at a market cap of $4 million.
2015 Insurance costs seem to have impacted earnings. At first glance it appears to have cost $1.6 mill in 2015 vs. $200k in 2014.
Pro Star uses factoring to collect their revenues quicker.
Not much debt--or cash.
Hydrophi looks like it has $1.38 million in convertible debt left on the books. (Not 100% sure about this yet) But that's not bad. If it all converted today it keeps us around 500 mill shares. And it won't all convert today. $1.38 mill represents a few weeks of revenues for Pro Star.
Revenues and profits will continue to grow in 2016 IMO. Pro Star stated in a recent PR that the purchase of the 30 trailers will save the company $250k in annual expenses this year.
Market Data 
Markets 
AI
