Zynex Inc. (ZYXI): Mr. Hartberger will also assist Mr. Sand...

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Zynex Inc. (ZYXI)

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Re: None

Thursday, 02/11/2016 12:45:01 PM

Thursday, February 11, 2016 12:45:01 PM

Mr. Hartberger will also assist Mr. Sandgaard in dealing with the Company’s announced liquidity challenges due to low revenues and limited availability of borrowings under its existing revolving credit facility. Notwithstanding the Company being in covenant defaults under the terms of the loan agreement, the lender (TBK Bank, SSB) has continued to make advances to the Company based on cash collections and the Company has been able to utilize its key bank accounts.

Oh my!!!

Red flag!!!!!

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