First let start by saying I was also disappointed in the earnings……but maybe this was a wise time to take care of the Fish issue you pay it off while there is doubt about future settlement….. by taking care of this right now you are not giving the 3 million dollars because of the tax implications. You have to remember they are looking at buyouts… my guess (pure speculation) is they will buy a company with tax losses that will give them pure cash on future earnings…. The bottom line it looks like they had profits/cash increase of 1.6 mill (at a glance please correct me if wrong)…. they still have about 21 mil cash plus 3-5 million shares in the treasury for take over/buy-out….
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Comments welcome…(still disappointed)