Praxsyn Corp (PXYN)

[Jesusknows]

Cdhame, i think i see your point, kinda. Anyway nice discussion here, i like it and have learned a lot.


Your point is the cash flow and the small amount of it but did they pay down the debt last quarter with cash? So in your logic if they hadnt dont that, they would be in a better cash flow position?

And you said that they should massivly start factoring inhouse but wouldnt that make things worse? At the time atleast because the time it would take to collect? They way i see it (wich may be way wrong coz im not a specialist in US rules, laws etc) is that the way they are doing now is great!

They still factor the majority outside wich gives them plenty cash to operate and manage themselves. Then they slowly but surely keep increasing amount of inhouse factoring wich is by then pure profit?

If they drasticly add inhouse collecting they would run out of cash rather quickly ?

Am i getting your point correctly from the standpoint that if a company needs , say , 15 mil every month to break even, it would be nice that they would have atleast 15 mil in the bank every minute basicly to cover costs. If something drastic would happen?
Thatsystem would be very hard in inplement by any company i belive. The bigger the harder..