jgp, did you pop for the expense and purchase this article for us??
i have to say, that's some excellent info. especially knowing their headcount is reduced, but still a full half of what they had, and it sounds like they plan to grow, by adding more employees with the proceeds of that block grant.
SLS/IAS is leaner and meaner... with a focus on their core competency. years ago, as i understand the story, it was their bid to capture the retail audio market via sales in "best buy" that bled off a lot of their capital.
the old SLS audio had some major revenues when they traded on the amex. to have half of that would be huge, especially given this share structure.
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