Loan repayment is being marked into the expenses. As soon as the loan is paid up we will start seeing another $125K/month back on the balance sheets. That is a very solid balance sheet for this company. Debt free & should be net profit over $2 mill per year. This is why they won't sell to lowball offers. I would rather they don't sell for a low price & just build up cash. They can buy back shares with that cash. Debt free, No dilution, Cash flow positive, Buying back shares, Lower expenses. This has never been in a better position. This is a diamond of a penny stock. It is finally a company that is based on strong financials. Most penny stocks are just pump & dumps without getting financials straightened out. This was just bleeding until real businessmen stepped up to the plate. This is why it is important that board members are real shareholders & not on the companies salary book.
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