Isn't life interesting? One poster says " I've heard rumors from a few suppliers that they are not quick to pay..." and 47 minutes later (lo and behold) one of these suppliers shows up to confirm slow payment. This is either an incredible coincidence, or...
And, a question to shareholders...would you rather Fredy spent his time over the past year pumping the company to commercial interests, or doing the following:
- finalizing 8 contracts, 1 contract extension and one change order
- making 5 acquisitions
- executing 1 MOU
- securing an increase in A/R funding at a lower interest rate in order to finance company expansion
By the way, the jury is still out on cash flow for 2012, but for 2011 cash flow from operations was greater than net income.