I would have asked these questions on the last CC. Yet, ECTY excecutives were too busy to allow me to speak, and to answer a follow up email. Yet, they had plenty of time on their hands to search my linkedin profile.
1. # of Employees.
2. Why was preferred shares converted into Common on 4/1/13 and what price?
3. Status of US Department of Labor Audit on ECTY?
4. Reason common stock was issued for professional fees during the quarter, and at what price were shares issued?
5. Why was inventory converted to Fixed assets for $3.2M during the quarter? How was this reflected in body of Statement of Cash Flows? Explain the entire transaction, and how it has an affect on earnings per share, cash flow and inventory turns. Was this discussed with the Auditors, since it was during an interim unaudited period?