Losses will continue for some time. running 2 I.T. systems for another quarter or 2, Then I bet, these costs are then transferred to health care. so we a 12-13M run rate /q forever. .
Of course Ed will need a raise.
1) Next Q. 37M rev, a +10% Q/Q increase.Tell me when they did this last?
2) GM has fallen May over Feb Q's. @ 29% ( only down .2%) Op profit 10.7
3) less 12.2 -12.5 SG&A makes for at least 1.4 to 1.7M op loss next Q.
Big bonus for smaller loss
Watch for a new Line of business that will operate at a loss for 2-3 years.
would try, but just don't care. I guess only number that matters is net reduction in cash.
Ed has said on calls about three years of losses on health cares stuff. and less than a year into it.
Adchoices: CIALIS for daily use.
From SEC filings: 1/29/2015: This Amendment Number 27 amends the Schedule 13G dated January 30, 2014,, Mr. Richardson has pledged 491,000 of his shares of Class B Common Stock as security to JP Morgan Chase Bank to secure a personal loan. The full Board evaluated the risk of significant pledging of stock. As this is a small percentage of his total holdings, the Board did not deem this to be material or represent a risk to the Company.
There are no filings showing an increase of shares by Mr. Richardson since this period
Read older posts and earnings Q&A,for ED's comments about 2 class.You know it when you buy in and it is not going to change.
Ask the shark tank question: are sales and earnings better today than last year... NO. No one from shark tank ever invested in a venture where the answer was no
Sentiment: Strong Sell
They have lost my trust and they say H&R Block is better and cheaper. .
Return desk at Costco, saif they have been getting a lot returned.
Good bye Turbo Tax
Sentiment: Strong Sell
Is management really this horrendous ... Yes
Burning cash, Super voting Class b stock, will never change. Ed Just pledged boat load of stock on a loan,
read the Q&A from last conference call, it was very telling
I love proxies.
1) Stock 52 week low
2) Stock at 104 week low
3) Stock at 156 week low
4) Stock at 4 YEAR LOW
Now what have you paid for this?performance ???
2014 compensation 1,102,474
2013 compensation 879,845
2012 compensation 789,732
2011 compensation 2,448,719
King Ed comp +5.2M for past 4 years.
Where are the lawyers.
Given comments about china sales about a year ago, shold be enough.for a class action, then lets see depositions.IMO
Heck they file stuff on 40% gains.
In the 2012 proxy, the IC had 25% tied to operating profit, now in 2014 proxy no longer has any profit goals..
IC now has 25% based on "acquisitions”, with no detail of accountability
Could it be ....
In last call, Ed talked about 3 years to new health care products established.
In last call, Ed stated the Class B super voting stock does not stop if transfers to someone in the family.
If Ed buys back shares, his dividends go down?
And more... (Look at share counts Year/Year common v, CL B) very telling. Someone cash out at 12...
Kane County has some very good on line property and tax records
Good luck to all, but IMO, If a company removes profit targets from the IC and major shareholder sold more stock than common and refuses to buy back common......, time to get out.... Sorry Gates..
you know this is Robin's company and all press releases must be approved directly by Robin. and for the lack of wall street coverage. Time is a limited resourse. Would you want to waste a few days or a week every quarter defending the company against short attacks. There a lot of companies without coverage and less issues.