Jeff Cramblit
Austin,#2Consumer Comment
Thu, November 08, 2012
I am just one of the investors in this company that is still in a Pre-IPO mode of operation. I have frequent contact with the management and first hand knowledge about the daily operations. It is true that the company has not stayed on the original time line promised in making a public offering debut but what company ever does. There were mistakes made early on in the hiring of un-qualified accounting firms that did not understand the complexity of this unique company.
The accounting was miss-handled to meet the requirements for SEC filings and time passed quickly with tons of daily business falling in arrears. This situation has now been corrected with a recent hiring of a qualified accounting firm. The re-working of past business is a daunting and time consuming task but is coming along. We will be seeing past and current Profit and Loss statements soon. I will not promise when, that is beyond my scope. Business is brisk and our investment is not at risk. With hundreds of cars in inventory on leases and rent to own programs the model is working. We go into the new year with renewed confidence that our investment will bring everyone a return on their investment.
If anyone would like to talk to me in more detail, feel free to contact me. 512-415-1726
Jeff Cramblit
Investor and a relations advocate.