Hi DocOff course your right, the PE will go up....but from...

Hi Doc

Off course your right, the PE will go up....but from memory they are going to report a $1 million loss ?
Which is already factored in IMHO.

The best thing that has happened is the new appointment of directors.
G. Poole was a rip off merchant that dumped heaps of his stock about 2 years ago, when the stock was on a high.
I have had these guys on my watch list for years, and I think this is a good entry point.
The revunues will be back on track inside six months and the new guy (previously from John Hollands) has plenty of experience with overseas negotiations.

Watch this baby go !

Tex.