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pennydreams

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pennydreams

Re: vanbookie post# 877

Wednesday, 06/15/2005 4:22:07 PM

Wednesday, June 15, 2005 4:22:07 PM

Post# of 33332
Yes...I attended and spoke with Jim Turek and Bill Howe for about an hour after their presentation. I have a lot to digest, it's all positive. The numbers won't be out for a few weeks. The auditor working on the numbers got married (which he is allowed to do) and went on a three week honeymoon to the Philipines but neglected to inform Jim Turek that the numbers would not be ready prior to his departure. JIm is very angry and looking for a firm to pick up the project ASAP and have the numbers out in a few weeks. That was the only negative.

I plan to review a lot of materials, speak to Bill Howe again on Friday and then post some information for all to review by the weekend.

It looks like we have a real winner here. We need to be patient and properly manage our expectations.

The company is profitable. It will be incrementally more profitable with the acquisition of SEMCO. I want to use the numbers I have and try to lay out some reasonable expectations for us over the next 12-18 months.
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