$90MSome comments on what to do with the cash but something to consider - Caputo mentioned in a CC a long while back that part of the process of being selected (probably by ISP's/Reseller partners) is that a supplier has to meet certain financial metrics. In other words, if we choose you, we want to make sure you don't go under and/or can withstand some market turbulence.
Imo, storing it was a very wise & prudent move by Hamilton & mgmt - svc survived the P2P fiasco, NN debate when it really came on strong & the financial crises of '08/'09. Imo, I believe they shouldn't touch the cash until such time as they've significantly added to it via continued quarter over quarter, year over year additions from net income/cash flow. Perhaps the day will come again when svc's stock price is sufficiently high to warrant another share sale to grow the balance to be used for strategic purposes such as an acquisition. But I hope they don't touch most/all of that $90M.