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Bullboard - Stock Discussion Forum Artaflex Inc V.ATF

TSXV:ATF - Post Discussion

Artaflex Inc > looking forward to the q3 results, aren't you?
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Post by jackbnimble on Nov 25, 2011 5:51pm

looking forward to the q3 results, aren't you?

I don't know about you but I am looking forward to the q3 results that are due out by November 30. Why you say? Well let's face it, why would you be a pessimist when all the leading indicators points to a very profitable company. Why you say? Because the Board approved big raises for the CEO and the CFO as well as increasing their benefits. The Board even authorized major renovations so the boys could have more lavish offices and equipment. The Board even authorized major option purchases at reduced prices. And while the Board knew this at the AGM but did not disclose the options within the legally required timeframe, who is to quibble when the results will speak for themselves. Detractors have said that I am too analytical, that no Board or Management would be so self-serving so as to breach their fiduciary duties to shareholders. They say just wait and you will see. You will see that the q3 results will speak for themselves. The q3 results will demonstrate that I have placed far too much focus on the input costs and that I should be patient because the results will demonstrate that the Board and management were focused on results...and when you see the results you will know that everything is in balance.Well, I don't want to sound like a pessimist but I will wait until the q3 results are out and then I will judge whether or not the energy of the Board and management was well placed or not...we will see in a few days. After all, even at the AGM, the Board and management would have known what was going to transpire during q3 because the AGM occurred in q3.
Comment by elinvestor on Nov 28, 2011 7:52pm
I have had a chance to review the press releases, Jackbnimble, and what I don't understand is how a public company such as Adeptron can generate double the revenues of the acquiring company and end up with only 25% of the combined company?  What am I missing, this tells me that Adeptron's profitability, or lack of it, is a joke compared to the acquiring company. What has managment and ...more  
Comment by jackbnimble on Nov 30, 2011 12:35pm
Elinvestor, its all about the bottom line, not the top line. Every idea put forth by shareholders to refocus the company has been subject to ridicule and dismissed but the telling is in the results, not in the bull manure provided by the Board and past and current top management. To answer your question about why 25% when the sales of ATQ are greater, the key is to look at the net. What do the ...more  
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