This is a turnaround story. Things are looking good. It takes time for new management to turnaround a company which never made profits but made original founders rich at the cost of shareholders.

With $60 million convertible 6% preferred stock that is redeemable after 6 years and no cash dividend for first 4 years and backing of Bain capital, I feel comfortable that turnaround is now around the corner.

This stock should be moving up now.