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Vicon Industries, Inc. Message Board

  • cattzzaccraddle cattzzaccraddle Jan 14, 2013 10:29 PM Flag

    $ 6.6 million in cash

    VII sitting on $6.6 million in cash. Wouldn't be surprised if VII tries to utilize a chunk of their cash to buy a small player in the security/surveillance field on the cheap side to increase VII's stagnant revenue growth. Alot of good small surveillance/ security niche players out there in the NY /Long Island/tri state area that have great technology but limited salespeople resources to generate revenues; these smaller players would be a good fit for VII.
    Why sit on $6.6 million and earning .000001 in the bank?

 
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