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Re: Rory2 post# 22192

Saturday, 05/13/2017 10:53:52 AM

Saturday, May 13, 2017 10:53:52 AM

Post# of 50981
Yeah, it is really going to be hard to tell what all is going on in its entirety until we get more up to date fins. Obvious dilution right now but if they eliminate all their notes now and go in with a clean balance sheet that could be better for us anyways. A 8B OS with no dilution can run far further than a 3.8B with regular dilution. The going concern until we can get confirmatoin of what is going to happen would an RS. I have not seen in the 8K where the new credit facility requires one so that is the first good news about that possibility. Triple 0's are risky but the reward is exponential.
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