Thanks for your insight.

Am I wrong in assuming that Crossflo is more of a software firm then a manufacturing firm? If it is considered a high tech software company then 4 -6 times earnings is a low sales price in a m&a deal.

On the other hand as of now we have no idea if they are profitable or if that number of $20 million in revenues is accurate as it was posted in a D&B rating which is not always reliable. It depends on the source. Also they may have needed an angel at this time with cash and in we rode.

You may be right on your estimates and if they mfg hardware you are definitely on the mark but I guess we shall see what we see.

Good to hear from you and God Bless

marc