Banro Corp. fka BAA

[braised007]

If they could get their liquidity ratios to respectable levels that would certainly help them get to $1+

Let's not forget that they have an $8.75M bond payment due in 2 weeks. There goes that $9M cash balance...

They need Namoya operating at 100% yesterday to add some cash to the coffers. Paying off the liquidity backstop in full may not have been the most prudent use of cash, but then again it may have been an understanding they had with Gramercy before the streaming went through..."we'll send you the $70M but you need to pay us back the $40M unsecured loan we issued to you"