Lets take a minute to look at the cold hard facts. NR revenues in 2014 were $1,118,416,000. NR revenues in 2015 were $676,865,000 and are projected by the Analysts that follow NR to be $448,000,000 in 2016. ( Which seems to be reasonable based on revenues for first 9 months of 2016). In 2015 they had an operating income loss of ($99,100,000 ). NOT Net income Loss but Operating Income LOSS. AND, CORPORATE Expense went from $35,530,000 in 2014 to $37,278,000 in 2015. I know you say- this must be a mistake. No, the Corporate Expense numbers are right off the Annual Report. Do they REALLY need 2 BIG offices 30 miles apart and all those people when SALES are DOWN - 60% (Yes SIXTY %) ? Duh-huh. Oh, they gave themselves a WHOLE 10% pay cut but ,also, gave themselves stock and options. And they kept the Bonus plan at NR in play. Bonus for 2016- Am I on planet Earth ? Counting the 4th Quarter of 2016 , NR will have LOST $$$$$$$ For Sure for 6 Straight Quarters Or maybe it is Seven Straight Quarters - I have lost count. And Howes plus technically 2 Presidents to run drilling fluids plus a domestic VP of Operations? There is NO MORE Newpark Environmental Division and the Mats Division is only a $100,000,000 Annual Sales business with their own President. Does the BOD actually exist.