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   Microcap & Penny StocksAIRI - A Unique Opportunity in Value Stocks


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To: rdkflorida2 who wrote (173)3/31/2023 1:10:50 PM
From: gizwick
1 Recommendation   of 232
 
A lot of bad news is priced in at this point. Unless we get a black swan event and the future remains strong I can’t see a huge pullback from here. I have a lot of dry powder if it drops and nothing has materially changed.
Over reaction is our friend.

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To: gizwick who wrote (174)4/4/2023 11:10:51 AM
From: rdkflorida2
   of 232
 
Morning spent at dentist, chipped tooth. Anything in the C.C. that will be meaningful to the PPS?? TIA for any info. RDK

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To: rdkflorida2 who wrote (175)4/4/2023 2:49:21 PM
From: ndxcharm
1 Recommendation   of 232
 
Seekingalpha has the call transcript
seekingalpha.com

Very little details presented
53.2M for FY22 Revenue
13.85M for Q4
Raw material shortage/supply chain blamed for underperformance this quarter and full year

Bottom-line numbers not given, but can't be good. They said they booked $850k loss on an unprofitable product to be delivered into 2023.

Reason given for delayed filing is the move from small accounting firm to large accounting firm. This change caused process misalignment between company and how the new auditor handle things.

Expect inventory write-downs - and resulting non-cash expenses flow through the income statement and affect multiple accounts. Expect changes in accounting policy related to expensing old inventory. Seems like new auditors are not onboard with existing way of doing things.

I have to admit I went into this call with low expectations, but somehow still felt disappointed.


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To: ndxcharm who wrote (176)4/4/2023 2:54:05 PM
From: rdkflorida2
   of 232
 
`Thanks. I expected something like this. Coming out with this early in the week is a good indication of something good coming in the near future. Maybe some new contracts. Overall backlog will keep the pps from falling too far, imho. Today's trading looks like a positive to me. Again, thanks. RDK

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From: rdkflorida24/5/2023 12:44:26 PM
   of 232
 
AIRI, holding up fairly well....considering.

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To: rdkflorida2 who wrote (178)4/14/2023 1:38:46 PM
From: rdkflorida2
   of 232
 
PPS still looking fairly good. One good PR could start a nice UP move, imho.

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To: ndxcharm who wrote (176)4/18/2023 9:51:38 AM
From: ndxcharm
   of 232
 
April 17 has come and gone...still no annual report.
Out of this name for now.

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To: rdkflorida2 who wrote (175)5/7/2023 3:31:21 PM
From: gizwick
   of 232
 
Nice contract up for bid from LMT soon. Bodes well for future

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To: gizwick who wrote (181)5/8/2023 11:46:52 AM
From: rdkflorida2
   of 232
 
Agreed. Once audit is completed PPS should respond to the upside. TWT. RDK

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To: gizwick who wrote (181)5/11/2023 11:30:20 AM
From: rdkflorida2
   of 232
 
Numbers for Q4 and 2022 out next week. Q1 to follow in short order. Delay due to new auditors. Mgmt says no "material" changes from what we already know. Just a FYI.

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