I keep expecting Anly to take some steps necessary to increase sales and reduce expenses. These things have not happened and are just not happening to the extent needed, however. Anly appears to be one of the worst performers in the industry.

I must say I did not expect the 3Q losses to be as bad as they are. I thought management would lose money but not almost $4.0 million out of only $30.9 million in sales.

Ouch. It does seem the board may not be able to avoid acting.