Last year the 4th quarter numbers were announced on June 30th, 90 days after the close of the year, which I believe is a little slow for a public company. By contrast, the 3rd quarter numbers, this year, were released 48 days after the close, which is closer to where it should be.
Our 4th quarter report, will reveal the main reason, Peter Berry is no longer CEO. At the end of 2008, he predicted calendar 2009 sales to be $20-25 million. This means Jan-Mar sales should come in around $4-6 million.
Let's see how close he was. I'm predicting he missed by $4-6 million. I hope I'm wrong.
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