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Re: Jack_Bolander post# 28231

Tuesday, 12/20/2016 1:39:05 PM

Tuesday, December 20, 2016 1:39:05 PM

Post# of 56235
there may have been covenant breaches which is hardly surprising given the terms they were forced to agree to.
IMHO they should have done the shelf offering to get out from these loans in the first place but Andy had promised no more dilution - catch 22.

Now at least they will have better cash flow and money available for expansion.

Hope they show a significant Q4 for deliveries and EBIBTA
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