You only like to claim things after the facts. So how many shares do you and your wife now own? You took a healthy spanking holding these from the $7's or she did. This little guy tries so hard to sound like he has a clue about anything.
"12 million shares outstanding. Every $12,000 per month saves $.01 per share. "
Shouldn't that be, every $12,000 per month saves $.001 per share (per month)?
Or bit the bullet and bought out the lease. Could see a write off. The landlord will not like losing rent on 3,955 sq feet with CA rates.
The coatings operation, the research laboratory, and there are meeting rooms and administrative staff are located at Oxnard. But it is nice to see downsizing is being done.
We occupy approximately 3,955 square feet of office space at 4567 Telephone Road, Suite 100, Ventura, California, under a lease agreement that expires on August 31, 2015 for our corporate headquarters.
so either they got out of the lease early, or subleased it
I was hoping that the 3 buildings the company rents in Oxnard were the ones that were being closed. The company pays $60,000 per month in rent on the 3 buildings. But this is where part of the the manufacturing facility is located, and to move and re-assemble would be very expensive. And you are right, there was plenty of unused office space in Oxnard. The lease for the nearby Ventura facility must have run out.
Nonetheless this is a good move with only 12 million shares outstanding. Every $12,000 per month saves $.01 per share.
the CFO and some HR dude comprised the "office of the CEO", co-CEO's essentially, or acting CEO's, until the permanent CEO was named. Now that they have the new perm CEO, the "office of the CEO" is discontinued and those two people can go back to their old jobs
I do not think I have ever read more gobblegook that the news item I just viewed from CDTi a few days ago. Christopher Harris was named Presiden & CEO of CDTI. Two minutes later I read CDTI also announced they were discontinuing the office of CEO. WHAT AM I MISSING?
I think all your negativity, along with Spanspurt's flip-flop, has prompted others to let CDTI while away to the shorties without comment.
When one does not own any shares of a company why would one post on that message board.
When BT1 and Dbtunr are having a posting, they are in fact having a conversation with themselves/himself. They are both the same person: one John Howard X-convict................
No, it is time to spend the $480,000 that Spanspur made on CDTI. It's been real, the best to the two of you.
Smart you got away from it quick. If it gets a little cheaper, I may buy some. I timed it very well last time. I got a hunch the next quarter maybe an improvement.
Not a good sign. They can't even afford to give him a raise. maybe spandex can take over the CFO duties.
Did you sell?