I find it interesting that they recently purchased a gas distributor. To me they should be partnering up with existing gas distributors. They should be focused on sampling their product with as many distributors as possible. If MG2 is a better product the welders will will buy it. Can someone explain to me what I am missing?
The year end report shows they only have $94k in cash and $10 million in current liabilities. It does not look like they have much $$ to be buying anything right now. They had great sales and Ebitda. Especially in most recent quarter. I sure hope they can keep that up. I am still holding my shares.