PKT=proceranetworks.comDon't be too quick to buy in if you think
PKT is a takeover target. This is not a well-run business.
Please see NR from Jan/2015
Concerned Procera Stockholders Announces Intent to Run Dissident Slate for 2015 Annual Meeting
Business Wire via COMTEX - Thu Jan 15, 12:55PM EST
We believe change is necessary to maximize stockholder value and improve corporate governance. The Company has been bogged down by high operating expenses and the Company's full potential remains unrealized due to the Board's lack of effective oversight.
We believe that stockholder value will not be fully maximized until, and unless, new people are added to the Board.
The 2013 Annual report is nothing to write home about. (must see)
Loss, L.T. Debt, Cost of sales, are all increasing. Also on page 74 of the 2013 annual report (if you resize the screen viewing size of the PDF document to 100% instead of the default) I refer you to item #9....dismissal of previous auditor due to mgmt disagreement with findings. It maybe nothing & in the past, but still I hate that sort of thing.
If SVC were to have any dealings with PKT I hope that the BOD read the fine print. Something smells to me.
carlos