And yet another positive quarter for Galvanic Applied Sciences with slight improvement year over year in traditional metrics. As for speculation of the company's cash hoard...I had contacted Helen Cornett after the year ends were released, wondering the same thing, and questioning if a special dividend might be considered with a portion of that cash. She replied that a dividend wasn't being considered at the time, and that "a growth strategy" was to be pursued and cash reinvested through a combination of product development and "potential M&A activity".
I continue to hold some GAV; though admit to paring back my holding somewhat (reluctantly) the last few weeks in order to broaden my investment in the sector by taking a position in another crazy, cheap oil and gas service co.
At any rate, I guess that will be it for news until the next quarterlies are released as the company likes to do. Have a good evening.