LOL you jinxed them!
wonder if members of Dezenzo Associates are selling. they recently acquired all of NORWOOD's shares in some oddball transfer.
from a SEC FORM SCHED 13D filed on sept 29, 2015
Item 4. Purpose of Transaction
This Schedule 13D relates to Dezenzo Associates LLC’s in-kind distribution of 1,084,672 shares of Sono-Tek Corporation common stock to the members of Dezenzo Associates, LLC, none of whom will then own more than 5% of Sono-Tek Corporation’s common stock.
i agree, rentals spiked revenue and profits. bottom line, they are trending in the right direction, increasing revenue as the economy grows and recovering from weather related delays. , management is doing a good job imho and that is most important factor with this tiny company, couldn't find a more experienced management.
here's an excerpt from nov 12 article
Highway bill heads to conference committee, small carrier concerns at forefront of trucking interests
The U.S. Senate voted late Tuesday to send a dozen Senators to meet with 28 members from the U.S. House to try to hammer out a reconciled highway bill that resolves differences between the two chambers’ separate surface transportation funding and regulatory packages.
The House voted last week to set up the conference committee and on the 28 representatives — 16 Republicans and 12 Democrats — to represent the lower chamber.
If the conferees can produce a unified bill, it must be sent back to each chamber for passage before being sent to the White House for President Obama’s signature. The conference committee is on the clock, however. Current highway funding authorization expires Nov. 20. If the committee cannot produced a new bill by then, Congress may have to pass another short-term measure to ensure the Highway Trust Fund doesn’t go belly up.
kind of dumbfounded, need to read 10-Q
thanks for your participation. :)
right company at the right time? ok, done pumping.
outstanding as of August 5, 2015 : 4,852,628 shares, net of treasury shares @2.90 = $14million market cap with at least $21million revenue. they've had higher revenue years, i think close to $27mill. in 2013
maybe some unexpected business due to flooding in their neck of the woods?
maybe someone thinks PAUL RYAN will get a multiyear transportation bill thru the house?
michigan is a long way from virginia
DNR combats erosion at Little Girl's Point
Ironwood Township - Michigan Department of Natural Resources employees were busy installing new barriers along a section of the Lake Superior shoreline at Little Girl's Point Thursday in an effort to combat erosion near the mouth of Oman's Creek.
The installation of the Beach Prisms - 4-by-10-foot concrete blocks with specially designed holes to allow the movement of water through them - is the first use of the technology in Michigan, according to Bill Doan, district supervisor with the DNR. The technology has traditionally been limited to the Atlantic coast, Doan said.
Doan explained the allowance of water to flow through the structures was a marked difference from the seawalls or rip-rap that are normally installed to combat coastal erosion.
The slots in each block are built with a specific parabolic curve to allow water to flow through the blocks without taking shore sediment with it, according to Regional Sales Manager John R. McKenna, with Smith-Midland, the company that manufactures the Beach Prisms.
"Beach Prisms are designed to dissipate wave energy and stop erosion," McKenna said, explaining the disruption of energy is what prevents the waves from taking sediment off the shoreline. In fact, the design actually allows sediment to be carried onto shore, thereby restoring shoreline damaged by erosion.
The DNR has undertaken eight studies of the section of lakeshore and has been unable to come up with a viable solution to the erosion problem until the decision to install Beach Prisms, Doan said, expressing confidence the new technology would solve the problem.
"I'm pretty confident they are going to do what we think they are going to do," Doan said, adding that the technology could simply be taken elsewhere if it fails to stop the eroding at the Point.
The design traces its roots back to World War II England, McKenna said, when designers studied England's coastal defense
i assume this has little chance of passing congress in this election "year" but it would be nice.
New York Democrat Chuck Schumer is in talks with GOP Rep. Paul Ryan of Wisconsin to deliver a major infrastructure bill that has eluded Congress for a decade.
Politico reports discussions between Sen. Schumer, Ryan and vulnerable Ohio Republican Sen. Rob Portman are over marrying international tax reform with transportation investment. They are not close to a deal, but Schumer and Ryan have met twice in the Capitol this month to advance a blueprint Schumer floated this summer alongside Portman. Politico says Schumer wants to grant a one-time tax break on overseas profits that corporations bring back to the U.S. The windfall would finance a sweeping infrastructure package.
New restrooms installed Monday at Eva Walker Park
After years of discussion and planning, workers Monday morning installed permanent restrooms at Eva Walker Park in Warrenton.
Alexandria Pike closed for about two hours as a crane lifted the 47,800-pound, pre-cast concrete structure off a flatbed tractor-trailer and onto a bed of gravel.
Built by Smith-Midland Corp., the structure has pre-installed toilets and sinks.
The approximately 200-square-foot brick structure blends with other materials in the park.
“The citizens were asking for it, and it’s a well-used park,” town Parks and Recreation Director Margaret Rice said.
The restrooms will open next week after plumbing and electricity installations, according to Ms. Rice, who has worked on the project for two years.
Major Gaines, a member of Mount Zion Baptist Church, suggested town officials install restrooms.
Mr. Gaines said the restrooms would help the elderly and disabled during church picnics at Eva Walker Park.
“The doors are wide enough for wheelchairs,” he added.
Four employees from Smith-Midland and four from W.O. Grubb Crane Rental moved the structure into place.
The restrooms cost the town about $60,000.
“Bringing public water and sewer to Eva Walker Park will be a great addition,” said Paul Bernard, assistant public works director.
Construction of a handicapped-accessible sidewalk at the park will finish in about two weeks.
projects in d.c. and philly, coincidence? from 10Q
pleasantly surprised with share price to say the least, they certainly aren't over hyping their biz. LOL
i've done well with SLP, watching SRMC as takeover possibility.
By Targeted News Service
WASHINGTON, Sept. 20 -- Sono-Tek Corp., Milton, New York, won a $40,800 federal contract set aside for small business from NASA'sLangley Research Center, Hampton, Virginia, for selective ultrasonic spraying systems.
one can hope for a buyout
Upcoming conference a good sign imho