ERNT

AcronymDefinition
ERNTExecutive Review of Navy Training
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AEGI gaie (7) AEGN gane AEGR rage AEGS sage AEGT gate AEIN aine (6) AEIR aire AEIS saie (6) AEIT itea EENR near AENS sane AENT neat AERS eras AERT rate AEST seat AGIN agin AGIR gair AGIS gais (7) AGIT gait AGNR gran AGNS snag AGNT gnat AGRS rags AGRT grat AGST stag AINR rain AINS sain AINT anti AIRS airs AIRT airt AIST airs ANRS arns ARNT rant ANST tans ARST star EGIN glen EGIR geir (7) EGIS egis EGIT tige EGNR gren (7) EGNS gens EGNT gent ERGS ergs ERGT gret (6) EGST gest EINR rein EINS sine EINT tine EIRS rise EIRT tire EIST site ENRS eros ERNT rent ENST nest ERST rest GINR grin GINS gins GINT ting GIRS rigs GIRT girt GIST gist GNRS GNRT GNST GRST INRS fins INRT trin INST tins IRST stir NRST
While the attractive dividend payout has been fuelled to a great extent by remarkable WC reduction in recent years, we reckon that ERNT has hit a level from which it will be difficult to further lower working capital (DSO down from 211 in 2007 to 65 in 2012).
OTCBB: HYDQ; HYDQW; HYDQU) ("Essex") today announced that its common stock, common stock purchase warrants, and units will begin trading under the new symbols ERNT, ERNTW, and ERNTU, respectively, beginning Thursday, May 28, 2009.