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locustsuc

01/24/14 6:43 AM

#158674 RE: bbotcs #158661

I think revenues are looking pretty good. They have always tended to be rather lumpy. Revenue for 2013 was only down 1.5% when compared to 2012. The first six months of 2013 were pretty dismal when compared to those in 2012. However, the last six months of 2013 were far stronger than the last six months of 2012. SGA is has been been constant for the past year and half at around 23%. Gross margins improved drastically in 2013. Cash is up over $8M. Even after today's price runup, the stock is very undervalued. Hopefully, the company has an epiphany and begins to become even remotely shareholder friendly, decides to make a tender offer for our shares, or receives a buyout offer that they can't refuse. That could pay for a lot of cafes and/or race teams.