RE:NEED A CHANGE OF MANAGEMENTI think that Micheal Sifton should step back in and move Greg Chochrane to VP of sales. Mike seemed to do a decent job dealing with the issues around bond holders and KST Industries and the company had at least a $20-$30 market cap. Greg has failed miserably with his aquisition decisions spending $33 mil and driving the market cap down to about $3-4 mil instead of the $55-$60 mil it should be.
The ERP implementation has been beyond a disaster and its not done yet. Why they didn't run it parallel to the existing system to ensure it was working or at the very least implement it in a smaller plant first to work out the bugs is bewildering.
These decisions make your head spin and our wallets hurt.
GLTA