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NewMoney

07/19/11 9:54 AM

#120547 RE: Artiztic1 #120542

Nobody cares about Pak-it. Or few do. I think most of those invested have their eyes on the obscenely profitable P2O processing
business.

BigGreen101

07/19/11 11:01 AM

#120575 RE: Artiztic1 #120542

That is difficult because the operating expenses are all lumped in one. The 3Q 2010 showed the following for Pak-It

Net sales:1,794,934
Cost of sales : 1,370,530

What the cost of running the business is remains unclear. But we do know that JBII stream lined Pak-It.

Anyway. It might be a mute point if they are trying to see Pak-It assets.