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lottomcquade

10/22/08 5:48 PM

#4554 RE: aussiekevin #4553

I don't think the CFO is planning on doing a reverse split anytime soon... He's been tagged with a monitor already.
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onemaninnj

10/23/08 3:34 PM

#4555 RE: aussiekevin #4553

Certainly always a possibility. They have some old dept that may come back to haunt them if they cannot increase or at least stay level with sales. The financials they last submitted showed that they were able to decrease some of this dept, but not by much. I think they said they needed to increase sales to a little over 2 million for the company to start breaking even which would have been a modest increase, but in todays economy nothing is considered easy.