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Re: JimmyJams post# 73949

Thursday, 03/26/2015 4:13:37 PM

Thursday, March 26, 2015 4:13:37 PM

Post# of 80867
What's important to keep in mind is that by the time we (outside shareholders) saw the numbers reflecting the cash position at the end of Q4, they were already deep into the next quarter (Q1) and had to have dealt with any of those potential cash issues in real time.

Because they had a positive working capital position at the end of Q4, I was not overly concerned with the relatively small cash balance. In other words, they had plenty of inventory and receivables ready to convert into cash to cover the trade payables and other cash obligations.

I'm very curious at how they seem so nonchalant about Q4 and their cash position. Hoping for the best in Q1. Would like to see them shore up their balance sheet.



MSLP