LiveTiles does not have many, if any, direct employees at Rochester. However that is where N3 had the office where they based the sales force focused on LVT products. N3 initially had a contract where they were being paid over $3 million a quarter with certain targets.. LVT makes no secret that they have significantly reduced that and N3 has laid off a significant number of the sales force.
You will recall that in earlier threads , some of the posters here were questioning if LVT was getting good value from N3.
LVT Price at posting:
25.0¢ Sentiment: None Disclosure: Held
