True about the $5mill, as for profitability, we will find out at the end of the month.
For Lehman to forgo $1.65mill a year and take a major shareholding in the company is a big vote of confidence in the ability of management. Plus it's not like the shares that Lehmans have are not going to be available on market either.
And you'd think Lehmans, being a large banking institution in the US would know, it's not like Lehmans could go broke tomorrow is it now??
Regards.
HYO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held