RE:RE:RE:Long is the only logical approach with this one. My reasonsDileas48, glad to see someone else listening to that Podcast. I am a paid subscriber to three of their services, and I will say this about profitability - in this recent downturn (if one calls it that), the stocks that I have that are profitable have shown some degree of resiliency - some have even gone up, while those that are down are down marginally. I agree that non-profitability would be a large sell, but (and this is not quite apples to apples here), if I were to go to the bank and get a mortgage, and they said what are your assets, and I said I have 10 million in a chequing account, that may impress a new banker, but anyone worth their salt will see what liabilities I have. If I have 15 million in loans and liabilities owing, giving me a negative 5 million in net worth, that mortgage may be harder to come by. Revenue is great, and the increased revenue is great, but being a good steward of the company would also entail maintaining reasonable expenses and endeavouring to reduce them on a consistent basis while growing the revenue side. We all do this in our household budgets too. It's great to make a nice fat salary but if our cost of living is well above that (and I know both friends and family members where this is the case, not only do you have nothing left for a rainy day or to invest, but you are in the hole every month. If you lose that lucrative job, you're screwed (for lack of a better term).
That being said, the fact that they are using the BD proceeds to pay off some debt is a step in the right direction.