here's the light...
EAC Industries had sold off its assets and was a shell with about $800k in cash.
Compton is a well established company that has been in business since 1937. about 5 years ago Compton went into bankruptcy at which time EACI (Peter F.) purchased the assets of Compton through the bk sale.
so... Compton is the property of EACI.
this stock has been a sleeper and a screaming buy for YEARS. when they had 28 cents per share in cash the shares were trading as low as 2 or 3 cents. its been ridiculous.
Bartley told me that they recently purchase another small company which is boosting revenues to around 3.5 million.
look - there around 2.9 million shares outstanding. at 7 cents the market cap is around 200k on a company with 3.5 million in sales. how cheap is that? go find me another company as cheap and i will buy shares of it too. if i owned it i would hold it. if i didnt own it i would accumulate some. if i owned some i would accumulate more. trust me when i say i practice what i preach - i have been accumulating for around 8 years. and yes, i have bought shares at 7 cents.
one day, this sleeper will do what they all do --- WAKE UP.
Lazarus
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