Q: Hello 5i Team
Back on August 12 you mentioned AVO had too much cash on hand which was impacting per share results. You also commented an acquisition would go along way towards providing some positive news to turn around the emotional slide which began with the executive resignation in May.
Is Mr. Hernandez still sitting on a considerable amount of cash? Has his strategy for the company changed in the past quarter or do you think an acquisition is still on the horizon?
Thanks for all you do
Gord
Back on August 12 you mentioned AVO had too much cash on hand which was impacting per share results. You also commented an acquisition would go along way towards providing some positive news to turn around the emotional slide which began with the executive resignation in May.
Is Mr. Hernandez still sitting on a considerable amount of cash? Has his strategy for the company changed in the past quarter or do you think an acquisition is still on the horizon?
Thanks for all you do
Gord