From what I've gathered TPNL has pulled out (for now) of the European Union due to the relentless red tape and have focused more on the steam that's built up in the States. I remember seeing/hearing somewhere that about 200k was spent per quarter running that....that could be wrong but that sounds about right to me. At 800k/year that's about .02/share profit......at 15x = a nice little bonus. Am I off base in thinking that?
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