InvestorsHub Logo
Followers 7
Posts 914
Boards Moderated 0
Alias Born 11/04/2010

Re: carlosc post# 25847

Tuesday, 09/09/2014 8:54:06 PM

Tuesday, September 09, 2014 8:54:06 PM

Post# of 26631
Carl, thank you for the slide show. Any existing shareholders have and are currently being screwed. If anybody hasn't figured it out, cerrado means CLOSED. ...probably forever.

I honestly think they used the 50 mil to pay down a portion of their debt to keep the monkies off of them and soon they will completely shut the lights off.

The current state of affairs is dismal at best. Don't we still owe in the range of 100 mil......how the hell are we going to pay that and continue operations....impossible. It would only make sense either to sell the company or pack it in.

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.