garbage results Even worse than last year. Problem with LEA is that Q2 two years in a row was so bad it wiped out all the profit from the other three quarters. And this has not been addressed. The fixed costs are so high all year that the brutal Q2 dooms the present business model . Strictly for penny flipping only.
Until I see how mgmt can re deploy capital and personnel in Q2 to other ventures so they are not bleeding cash worse than a pipeline break I will stay clear. The financing costs PALE IN RELATION TO THIS MEGA LOSS.