Yes Lory, thanks for pointing out my oversight. This would change the comparison to:
2011 net loss $44,574,00 vs 2010 net loss $25,187,000
Obviously this accounts for ramping up new businesses. Time will tell if the ramping continues into making this profitable but I think it will.
I think the biggest problem is that PB has cried wolf too many times with asset divestments being on the horizon. Hopefully he gets his credibility back with a done deal soon.
Otherwise I for one am happy with the way the operational side of the company is going.
LNC Price at posting:
$1.30 Sentiment: Buy Disclosure: Held