Alto Ingredients Inc (ALTO)

[ID Supermoney]

Second subtotal should be $33.4 million not $13.4 million!!

So $46.9 million
less $33.4 million

gives you about $13.5 million cash on hand!!


But I gave them $20-22 million profit for Q1 and month of April

So total cash on hand I see more or less is $30-35 million may be even higher!!

They got $7 million in cash for loan as well to get 4th plant going!!(did they use all of it already?)

So maybe the MOST I see $40 million cash!!

Still HUGE CASH ON HAND FOR WHAT????? To pay off debt??


Some say this is bad to pay off!! Only reason to pay off more debt would be a buyout!!! Coming Cleaning the slate!!

And if Warrants are cashed in by end of June VERY VERY LIKELY!!

Another say 5 million at say $7.00 = $35 million

And profits from Q2 at $20 million!!


WHY ALL THE CASH??????? another $55 million plus $40 million means WHAT????

$100 million by end of Q2???

What the hell for unless cleaning balance sheet for buyout???????


GLTA


ID