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bluediamonds500

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bluediamonds500

Re: Huggy Bear post# 19835

Sunday, 02/07/2016 11:46:41 AM

Sunday, February 07, 2016 11:46:41 AM

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How else do you propose they pay debt?

I am sorry but that statement can be made about most penny stocks. In ENIP's case at least there is revenue coming in and there will be revenue coming in for the foreseeable future.

At least they are making attempts to reduce debt. I can only image how much worst things would have been if they let $1.9M in toxic notes hit the market. I don't think anybody thinks about that.

As of Jan 28, 2016, they only had $90,000 in toxic debt.

How many stocks at this price level can say that? I have seen stocks at much higher PPS with more debt and minimal to zero revenue.




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