18.7 quarters of cash left (in fact even less because $35K came in last quarter from selling off some family silver) for the Board to keep “actively exploring M&A opportunities to foster growth and enhance shareholder value.” Which they’ve been doing for a year or two already. Explore and consider, charge a fee and go home until the end of the next quarter rolls around. They are real winners these guys.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2
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