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mdm92

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mdm92

Re: just a learner post# 63186

Monday, 01/16/2017 4:05:57 PM

Monday, January 16, 2017 4:05:57 PM

Post# of 114698
Not sure yet. It depends on if they brought any debt in. It looks like they took care of the old debt from Rusty, which wasn't much, by issueing the 42 million shares. We won't know a lot until EOY numbers come out. We haven't seen any numbers for the new company yet. We know his plan a year ago was to hit 20 million in revenue in 2 years. Hopefully he's still on track with that with a year left. Going public in the US was probably part of the plan to increase revs. Even if he doesn't get close to that this year, things will be a lot better than the sub million dollar revs from before.

COHO
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