Not positive but I believe 25 employees is the maximum # of employees they ever had on staff. Putnam is, and always has been, considered a half time employee. When Collier left I think they scaled back to 14. Good to hear they are hiring again. This should be a harbinger of things to come.
I'm not sure anyone knows the answer to this but I'm pretty sure they rescheduled a note a couple of months back that was due mid Dec. I did notice that mid Dec. came and went and we didn't see any SEC filings to indicate another rescheduling of payment. ($750K was due I think) So if I'm remembering correctly, this non event means they paid off that note. This would be another incredibly good thing. Please feel free to correct me in my recollections or if my assumption is off base.
Larry