Tuesday, August 16, 2011

Think Env

Think Env: 1Q rev at $18.4m -24.0% yoy Posts $3.6m loss vs $10k loss in same period last yr. Rev was from sales of office equipment by subsidiaries. Cash holdings for co stand at $18.3m and should remain solvent given a current ratio of 0.6x in the near-term. No date have been given for earnings visibility from its mining segment.

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