I'm afraid that it is, unless and until an audit confirms it. When I first got into this stock years ago, I believed the numbers the Company put out. Now, I am skeptical.
Look, I am long this stock. If the numbers are accurate or even close to it, the Company has a solid core business and is undervalued. But everyone on this board keeps asking why the stock price is so low, and it is because of all the nonsense the Company has put out over the years.
I used to believe that Hamre sincerely believed all of this stuff. But now I even have doubts about that. Again, I sincerely hope that I will soon have to eat a large plate of crow. But as a wise man once said, "The first time the dog bites you, it is the dog's fault." And I have some teeth marks on this one.
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