InvestorsHub Logo
Followers 7
Posts 1511
Boards Moderated 0
Alias Born 01/28/2011

Re: None

Monday, 07/14/2014 12:29:15 PM

Monday, July 14, 2014 12:29:15 PM

Post# of 34668
dude.........there is no Guarantee of another ship...............it was pending.........if you were the lender/financier......would you loan/finance a new ship out to a company riddled in debt..........with a market cap well below 10 mil currently ......for only 10% down payment???

I hope they get the next delivery but they may not.....
Newl has themselves been pulling out cash in the form of diluting the stock.<selling shares> to keep the lights on............there accountant may call this a going concern soon...........they sould sell the mine for 40 million if they can and buyback some shares......otherwise this will be a going concern if its not already considered a "going concern" with their account

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.