...company with 150 million in revenues?...seems odd...insiders hold most of the stock and don't seem interested in stockholders -- at least judging from the price range of the stock for the past ten years...given that it is usually profitable every year, I'll put it on my watch list pending some indication that management wants to do something other than collect their paychecks every week...
On first glance it seems like the management compensation is really high and the compensation plan is vague. As in no guidelines....I can't tell if the bonuses are tied to EBITDA or ROIC or just "let's give ourselves a fat bonus".
It is a weird business. I wish that they would move into school security instead of airlines. The TSA will eventually unionize every airport job and move these guys out. I am hanging onto some because a smart money guy bought in last year.
I think something good is happening here ...just new to this company and trying to figure it out.
The 90 year old chairman dies...then they add Former head of secret service to the board.
Next they get the GSA thing which allows them to bid on federal contract work.
So maybe all the wheel chair pusher stuff at the airport will pay the bills , but getting a few federal contracts could juice this company up???