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UglyAmerican

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UglyAmerican

Re: lbcb123 post# 16498

Monday, 02/13/2017 3:33:35 PM

Monday, February 13, 2017 3:33:35 PM

Post# of 18730
It's the preferred's holding it back. Just as the idiot IR stated at Noblecon "we had to do the financing to keep the company going" "we burn thru cash" "we spend about 4 million per quarter". Right now, the company has scheduled payments and cash on hand to get them to the blue coat settlement at their current burn rate. However, if the bluecoat payout is extended we're in trouble.
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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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