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Friday, January 29, 2016 9:41:34 AM
The notes being paid certainly does seem bullish, so long as more debt was not taken out to pay them. If the can was kicked, yesterday's announcement is meaningless. I look forward to receiving clarity in the 10K.
What remains a mystery is if this short term debt was cleared from the books and there is real revenue coming in from the mystery South African company, then why is a notorious dumping market maker (VFIN) still on the ask? If this is a company insider who is still selling, wouldn't he want to hold out for higher prices if the future looks so bright? Inquiring minds want to know...
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