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Re: TJG post# 119463

Wednesday, 10/11/2017 2:40:17 PM

Wednesday, October 11, 2017 2:40:17 PM

Post# of 255667
As an investor, when a company announces liabilities, I want to know their plan for dealing with the liabilities sooner rather than later. There are at least three different ways this could go, in relative order of favorability:

-Cash finance the expansion with money from other deals

-Lever up to finance (and hopefully not fully leveraged - there better be some cash in the deals even if most of it is financed)

-Backtrack on the expansions

If you say you're going to expand into a bunch of new locations, it is imperative that the "how" of that be answered without the expansion plans sitting out there for too long.