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Re: None

Wednesday, 04/23/2014 7:40:30 AM

Wednesday, April 23, 2014 7:40:30 AM

Post# of 122983
I look at it like this:
If your child (company} needed medicine (cash) to stay alive and you were a parent with no insurance or access to this medicine through regular avenues, wouldn't you exhaust all possible resources to get it? Even the unregulated black market or in a foreign country?

Everyone agrees that the toxic loans were not the best way to go but, considering the financial climate the last five years maybe it was the only available source. Do you think Berge could have just walked into Bank of America and they were going to hand him a couple million bucks because he made pretty rings? The fact that they are getting converted and paid off no matter how bad the terms is the important thing. Taking care of the company debt is a very important factor for me. Now if it comes out that there is a whole new round of loans on the books, that could be a different story for me.

At this point in the company's life cycle you either look at the positives, think it will get better, and choose to stay or focus on all the negatives, sell your position, and move on. Monday morning quarterbacks. Pffft.

I am relatively new to this stock and my opinion is still being formed. While I listen to all, the constant banging on the same drum about the previous undesirable moves that BRGO is now putting behind itself, is quickly being removed as one of my criteria.
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