That may actually be investment spending. Those ad dollars that are being spent now may be a base for earnings in the future.
More Quotes from Bob Davis:
I think it's a home run as it relates to a new beginning. Lycos is on extremely firm ground with this transaction. We can continue to look at strong growth around a number of different fronts with some exceptionally strong partners.Bob Davis
This coming year could be the year. Rather than just continuing to buy back stock, they could do more acquisitions, more facilities expansion or some full-time hiring.
Bob Davis
I think this whole thing was a trial by fire.
Bob Davis
We estimate the assumption of these contracts by Tennessee Tire Recyclers and the pending closure of our Tennessee facility in September will relieve us of obligations that have negatively contributed to our operating losses over the past several years and will positively impact our overall corporate cash flow by over 150,000 per month. We anticipate the transition of assigning all contracts to be completed within 90 days and will redeploy all remaining Tennessee equipment to other locations during that timeframe.
Bob Davis
We are committed to making the tough but necessary decisions to ensure the future viability of GreenMan and continue to evaluate all viable alternatives to achieve this objective with our primary focus on our southeastern operations,
Bob Davis
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