RE: Irwin Michael UpdateBEV is definitely cash rich as a result of Pottersburg. Unfortunately the PCB business has somewhat dried-up in Canada with the exception of a few remaining storage sites. An aquisition is the only way to save and grow this company. If they were smart, they would transfer the management over to whoever they buy. The current management is too narrowly focused on the PCB market. There is also competition with Horizon in Quebec which treats and subsequently landfills PCB contaminated soil.
Having institutional investors is really good for this company and hopefully they are patient.