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Re: Charvey post# 42571

Wednesday, 08/17/2016 7:54:25 AM

Wednesday, August 17, 2016 7:54:25 AM

Post# of 48153
If they don't get the price over $1 it gets delisted. If their auditors make them write off the Overland goodwill it will fail the asset test as well.

The company is about $45M in debt, and burns $5-8.5M per quarter. It only had $4.3M in June and the CFO waffled when asked if they could survive 6 more weeks.


I truly appreciate your optimism, but you can't meet payroll with puffball ihub comments....

IMHO...

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