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mas

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Alias Born 01/08/2004

mas

Re: A deleted message

Monday, 11/17/2014 1:51:05 AM

Monday, November 17, 2014 1:51:05 AM

Post# of 47873
You lost money on a $6.9m quarter even on a EBIT basis, was there not enough scale then ? Multiple $6.9m by 4 and you get $27.6m so where are you getting the '24-25mn to break even on an EBIT basis' from ? Are you just making it up ?

Also in the real world you have to pay over a million interest every quarter and the interest here costs precious cheap convertible shares so $40m you need every year at least just to stop the debt growing. EBIT and EBITDA is meaningless here when you have so much crushing interest.
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