News Focus
News Focus
icon url

locustsuc

04/20/08 2:27 PM

#61452 RE: alien42 #61449

It's pretty funny to me. He lists the internal problems the company found in 2007. What did they do to rectify those problems 1)hired Gene Butler as CFO (former CEO,COO,CFO of Weatherford International) 2)hired a human resources manager 3)hired Mr Teal as corporate controller. How dare the company recognize deficiencies and then in turn fix those problems. The company is only growing at over a 100% year in it's core business and even more though acquisitions. I wish these guys had a clue what they were doing. We generating more than enough cash to pay down our debt. It costs money to grow. The growth cycle is just about to kick into high gear. Dahlman Rose is projecting over $8M in the 1st Q and over $13M in the second Q. Depending on when we close Flotec we may be seeing even more than that $13M. I think in the 3rd or 4th quarter alone we will bring in more revenue then the entire year 2007.
icon url

Trueheart

04/20/08 2:27 PM

#61453 RE: alien42 #61449

Spooky, glad you posted that rebuttle right off. I was thinking of the same positive response from management to their own perceived problem.

Trueheart