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BigGreen101

07/19/11 8:25 AM

#120498 RE: Artiztic1 #120496

I do not see where you are getting your 2M in net loss for Pak-It in 2010. I know they had layoffs (restructuring), but that does not mean they are a huge money losing business. Looking at 3Q 2010, Pak-It was above break even, just like Javaco.

As for restatements, IMO since JBII has a new auditing firm, this firm is going to look over all the old statements. JMO
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P51-D

07/19/11 8:43 AM

#120502 RE: Artiztic1 #120496

I'd bet against it......no viable reason to make that statement.

"More restatements coming to a home near you, I'd bet on it."
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quarterdeck1

07/19/11 10:01 AM

#120551 RE: Artiztic1 #120496

close Pak-it down and turn it into a P20 factory!!! They served there purpose