InvestorsHub Logo

Fred Kadiddlehopper

03/28/12 1:36 PM

#102883 RE: J-Rhino #102881

How about this: "We have a profitable company with no debt."
Works for me.
-Fritz

uncleremus

03/28/12 1:41 PM

#102884 RE: J-Rhino #102881

Maybe things are improving and this qtr was an outlier. It could very well be that revenues in the 1st qtr will reflect that. With flotation in 2010 4th qtr they did over 16 million in revenues but netted almost nothing. It seems from their brief comments that ROV rentals didn't do so well but they'll say more in the 10k.