ABT's long-term business plan is sound. Revenues and gross profits are on target with new management expectations.
Expenses are the problem.
To be successful at integrating the companies and building ABT into a major new player in the seed industry, we need to reduce and control expenses to levels appropriate for the new organization. Second, in order to be successful, we need to improve our capital structure. We're doing both and expect to resolve both issues favorably in the next few weeks. It is part of our plan to integrate our 34 acquisitions into a single, large, customer-driven company. We are implementing that plan right now.