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mandjb

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mandjb

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Re: hweb2 post# 166167

Tuesday, 04/21/2015 4:06:35 PM

Tuesday, April 21, 2015 4:06:35 PM

Post# of 173697
CTIB: Bad financial managers

I have some of this but these guys have proven inept on capitalizing their company. Took debt at distressed rates when they weren't distressed. Have failed to refinance that debt.

On the last call, they said they may issue common, even though common is very low. They just filed a PRER14A with an item to authorize tripling common shares.

They need to can the CFO and hire someone better. Should be an easy search.
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