John Catsimatidis joins PIMO board, http://en.wikipedia.org/wiki/John_Catsimatidis. This is a very high profile move for a small cap company. His company Red Apple Group generates over $4 billion in annual revenue. He must believe in the business model and strategy PIMO is implementing. Glad to see him join the team.
Agreed. It's hard to know what these new contracts mean to the bottom line and how long they are..... The additon of the Board Members this year is a very, very positive sign. Why would Harvey Pitt and John C. join the Board of a $10MM company? They're not doing it of the $20k per year Board Fee, John's a billionaire... As you stated, they did their DD and believe in the biz model.