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Replies to #417 on XRS Corp. (XRSC)
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WhisperingBomb

09/19/11 12:18 PM

#418 RE: Toxic Avenger #417

XATA seems to be <ahem> legally cooking their books to further their own self interests.


What's that expression again?

Oh yeah:

"lies, damn lies, and statistics"

So how can any publicly traded company have $15M cash on hand and a market cap of only $18M?

Does that not defy common sense?

They should be a prime acquisition candidate. How come no one has?

Just askin'

JMO natch-

WhisperingBomb

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WhisperingBomb

09/19/11 12:37 PM

#419 RE: Toxic Avenger #417

Meanwhile, the company has $40 million in non-current, depreciable assets.


With a market cap of only $18M and another $15M cash on hand?

Why hasn't someone big, like Qualcom, put out a $10/share offer aquisition offer?

What is wrong with XATA's stock ownership structure that is denying non-voting common stock holders the ROI they deserve?

Why has XATA's stock been trending down for nearly 3 years? Is their tech that out of date, or is it their self serving preferred stock ownership structure. Or is it all of the above?

Just askin'

BTW, these are not mere accusations, they are intuitively obvious to this casual observer.

JMO-

WhisperingBomb