Opinions
Benj Gallander
Bri-Chem Corp
BRY-T
COMMENT
Feb 18, 2014
$1.910
Stock price when the opinion was issued
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They do oil/gas fluids. Profitable company and revenues are growing by leaps and bounds. They have a lot of debt and have taken on quite a bit of debt and have virtually no cash in the bank. Just did a $10 million raise and sold 6.6 million shares, which they needed to pay down some of their debt. He prefers companies that have money in the bank. Can’t see a lot of upside based on their past 10 years.