Re:SG&A and Streetlinks and more....Thanks Maia
I'm not sure either how much of SG&A is required to maintain the old Legacy Portfolio? My guess is maybe 5M, especially if you add in the legal expense to defend these nuisance lawsuits. Fortunately there's only one left that will more likely than not be dismissed with prejudice like the previous suits, but not without considerable expense.
As for the new execs they brought up to the corporate level, I guess their compensation at the corporate level will be offset by a reduction in compensation expense at the Subs level so that ends up being a wash.
And as for Streetlinks projections, you and are pretty darn close to what we think they can and will do. I projected 18M if all goes well, but at a minimum they'll at least double the 6.5M they did in 2011 before their expansion.
Finally, I see on Investor Village where Novastars miscreant preditors say there's a warrant out for Rooky's arrest in Arizona.....LMAO!!!
investorvillage.com
They could have posted it here, but "W" aka "Covenant" on SI who posted it on the IV board, was Banned from this venue.
Actually I'm flattered like I was with this;
xtranormal.com
Solomon740 from IV who created the above video wasn't actually one of the miscreant/preditors. He's been gone for some time, but the others who are either directly or indirectly involved with Marc Cohodes or Batmans Hedge Fund are still on the prowl.
BTW...have you noticed how the preditors have pretty much taken over the NOVS IV Board which had pretty much turned into a POS before Ralph Kidd was duped by these miscreants, and now has become a total POS?
Oh well, enough of that. Marc Cohodes and Rocker Partners got what they deserved, and him calling Goldman Sachs a bunch of MF'rs is a perfect example of the pot calling the kettle black....too funny.
Rich
aka
Rooky |
