Jack McDonald
Jack McDonald
asked believe discussion final five good greater haven number regular
The number 3,500 is not an accident. It's a number we feel we can get on a regular basis. And believe me, there was significant discussion on the final numbers. Some wanted more, some wanted less. If you asked five people, you got 10 different opinions. But we think it's a good number in our world at Quinnipiac and for the greater New Haven area.
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Q4 of 2005 was a great close to an exceptional year. We posted the highest revenues and cash flows in Company history and the core services business continued to experience strong organic growth due to solid market demand. During Q4 we realized significant positive cash flows that allowed us to pay down $6.3 million of our bank debt. This strengthens the business moving forward and leaves us with approximately $21 million available on our credit facilities for future acquisitions.
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We're well on our way to making this a successful district and a good place to live.