We are coming up on another chance to boot them out!We are coming up to the time when we can vote management out! Our share price is in the basement with no visibility of when things might get better. At this rate, we will be under $.20 soon I think. All the while, they collect their $200,000+ salaries. Management gets pushed out for this kind of performance in real companies!
The tank car market is not changing much either up or down in the next couple of years. There has been no news about completed field service trials so any product that has not been approved will not be sold anytime soon as they imply in the annual report. So don’t count on sales for much other than pressure relief valves and manways. The suspension system investment has no end in sight. It has been in development for over 5 years and they keep pushing out the market launch date each year to the next year. I have said it before, they do not know what they are doing with this. And did you know their management contracts expire at the end of June!! We cannot let this continue – vote them out when you get your proxy!!!