I keep a watchlist of them.... PYM ($5m), AKK ($7m), TEX ($4m),...

I keep a watchlist of them....

PYM ($5m), AKK ($7m), TEX ($4m), IOG ($4m), SUR ($5m), ELK ($5m), BUR ($1m), GGE ($3m) AOC ($5m) EEG ($7m)

MANY HAVE BEEN DOGS FOR 10 YEARS+

On next level...

ETE ($12m) MKE ($16m) SSN ($19m) PSA ($25m) EMR ($26m) AZZ ($27m) MAD ($49m) AOK ($59m)

Some of these have many synergies and need to get serious about merging in this environment, but one thing they all have in common, is they have burnt through a bunch of shareholder funds for not a lot of return, and that's not counting the dozens that have gone under.

BeST of them imo has been AOK, well managed.