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Replies to #420 on XRS Corp. (XRSC)
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WhisperingBomb

09/19/11 12:55 PM

#422 RE: Toxic Avenger #420

...$60 million in sales.


Again, a market cap of only $18M that has been trending down for nearly 3 years now?

Why isn't the market cap $60M with those sales, $40M non current assets and $15M cash on hand?

Why are they approaching a such historic lows if all is well in XATAland?

I am confident they are doing everything "legally." Just not in the best interests of the non-voting, unwashed common stockholders.

XATA management seem to believe they are "better" than the unwashed common stockholders.

So why hasn't someone acquired XATA? IMHO, the same self serving preferred voting stockholders have a de facto poison pill in place.

All because the common stockholders "don't matter."

JMO-

WhisperingBomb
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gimmeMYcash

09/19/11 1:08 PM

#424 RE: Toxic Avenger #420

Seems to me that XATA's cheap price is hurting them. They can't turn a profit??? What's the problem?? What happens if multiple lower priced competitors start a pricing war? Bye, bye, XATA. They can't afford that at all! Hell they can't afford anything operating in the red year over year now can they?
I wonder what price the next batch of preffered shares will go for? LMAO!