Two very telling job listings from the company's LinkedIn - Accounts Receivable Specialist and Director of M&A. New CEO seems much hungrier for growth, and I think the company may be at a capital allocation inflection point.
Accounts Receivable have really ballooned hurting cash flow (for now), but I suspect I know what they're going to do with it once it flows through. And I am not so sure it's going to be share repurchases. I hope Buffett's institutional imperative doesn't beat out shareholder value here...
Care to give an update on this Dave? Especially now that they have drawn $8.5M credit and are now looking for asset based loans.
Two very telling job listings from the company's LinkedIn - Accounts Receivable Specialist and Director of M&A. New CEO seems much hungrier for growth, and I think the company may be at a capital allocation inflection point.
Accounts Receivable have really ballooned hurting cash flow (for now), but I suspect I know what they're going to do with it once it flows through. And I am not so sure it's going to be share repurchases. I hope Buffett's institutional imperative doesn't beat out shareholder value here...