EXPM:LXRRF - Post by User
Comment by
TheRock07on Sep 08, 2016 9:46am
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Post# 25217217
RE:Nice and timely move
RE:Nice and timely moveThis is a very good move by Terry.
Luxor has increased its sales 10 fold in less than a year and concomitant with that, have expanded their organization structure substantially, to ensure that all contracts are delivered in a timely manner.
Obviously, its now time to rationalize their operating and management structure commensurate with current and expected future revenue levels.
Lonseth has worked with numerous organizations and in many industries, including manufacturing and construction, to improve efficiency and profitability.
With a professional COO, you will now see both top and bottom margins significantly increase from H1 levels.
Looking forward to 2017, you will see a lot of repeat business from 2016 clients plus new clients from the push southwards to Nevada and Arizona..