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FAMILY MEMORIALS INC. V.FAM

"Family Memorials Inc is operating in the death care industry. The principal business activity includes retailing monuments and memorials through its wholly-owned subsidiaries and with agency and sales agreements with funeral homes. The corporation operates in western Canada and southern Ontario."


TSXV:FAM - Post by User

Comment by gusnmeon Jun 10, 2014 2:59pm
77 Views
Post# 22646635

RE:Family On Track to Succeed

RE:Family On Track to Succeed
As much as I admire your optimism, I feel that Cutstone has made some valid points.  I feel it would be a rabbit out of the hat trick, if Family manages to increase sales, to the point of repaying debt, let alone turn a profit.  While I'm not sure what the business plan is, I would have thought the time to implement it has passed.  As I see it, the accquisition of Remco and subsequent management restructuring, has only dug a deeper hole, for the shareholders dollars to fall into.
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