No. Because the company is not cash rich for a while, as my previous post showed. Even if they get a $70M bond, there will be a $7M yearly interest expense.
Perhaps the company is very close to being cash flow positive now. If that's the case then it's because of the mega farm, generating healthy profits while not having to make any deposits for a while. And because of HU/IV and Eels.
That depends on how you look at it as my previous post showed.
What we need now is commitment from management that further issuance of stock is the last option. I don't want to hear bull about being cash rich or cash flow positive in Q3. Because that tells me that Solomon still didn't get the message!
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