Q: Anything to like about this tiny stock? The park lawn story ended well, any similarities?
5i Research Answer:
Well, the strategy of buying up funeral homes is the same, but there is lots of competition from larger players. But at <$20M market cap, it is really too small for consideration right now. Debt is VERY high, and sales were just $1.8M in the last quarter. Insiders own 62% making the share float extremely tiny. One to just watch for now but we have nothing against the strategy nor management.