InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,584.54
(
-0.88%
)
US TECH 100
19,681.20
(
-2.17%
)
Dow Jones
39,753.75
(
0.08%
)
Brent Oil
85.25
(
0.16%
)
Bitcoin
57,233.00
(
-0.22%
)
Post# of 30168
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Bill_ENG

Send PM Follow Ignore
Followers 13
Posts 2195
Boards Moderated 0
Alias Born 05/30/2012

Bill_ENG

Re: XNRGI2008 post# 16443

Saturday, 12/19/2015 2:03:51 PM

Saturday, December 19, 2015 2:03:51 PM

Post# of 30168
Increasing the A/S to 5.4 Billion and then reserving almost 1.3 billion for this loan is a bit much.

To borrow money to pay off a loan then not leave yourself enough to operate on seems like a waste.

In order to move forward from here they will have to secure another loan.

Maybe this was a first step and then next funding will be another large chunk with the 6 million and 3 year payback clause. This is a Connecticut based investment firm as was described in Letter #1. However the terms described here do not match the ones in the shareholder letter.

I agree about postponing the pain for a year...maybe the stock will finally be allowed to move up. I have my fingers crossed that the intentions for doing this are good.

JMHO

Bill
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

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.

Sign Up