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Hugodrax

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Hugodrax

Re: donkschmonk post# 39019

Sunday, 03/06/2016 10:53:03 PM

Sunday, March 06, 2016 10:53:03 PM

Post# of 48173
"You really think as a public company they havent been in touch with SVB."

Lol.

Just because you are "in touch" with the bank doesn't mean they won't demand repayment.

Remember SVB ADDED a business plan covenant in June 2015 based on EBITDA targets. You think EK finally met a target in his life?

The company has negative working capital even with the Dec raise. That's trouble for a hardware company.

IMHO.
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