diversifying their market to international customers where the USA ITC tax credit didn't apply--as their was a good chance it wouldn't get renewed. But now that the ITC has been extended they can sell all the product they can produce into Specific high-yielding investment projects based on the 30% tax credit. So the question is, how long is it before they can switch to the lower margin foreign work back to the high yielding investment vehicals.
"mainly due to a significant increase in revenues from the Company's commodities brokerage services as a result of the newly launched heavy oil brokerage business."
So what the exactly is heavy oil brokerage business? And is something that can fluctuate dramatically or is it something that will steadily grow.
They could save 80% on overhead by firing everyone but the sales staff. Seriously, if successful the company will benefit from the idea that all their clients everntually get bailed out, and this may very well be so. But looking at the risk reward of insuring ghetto rat/ labor union elected gov'ts in places like Detroit or stinkin' Puerto Rico, that's right Puerto Rico, for pennies on the dollar makes no sense.