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Re: la_trader post# 114671

Tuesday, 12/05/2017 4:10:04 PM

Tuesday, December 05, 2017 4:10:04 PM

Post# of 179941
My 50,000 foot take-away is that the Q3 results just confirmed what we already knew for the most part...they borrowed another $477k on that “Sign” note in Q3 and it appears that helped fund working capital (from increased A/R of $259k and Purchases Paid but in Transit of $483k)...
So at the end of the day financial results were strong as we already knew and that dilutive note still exists and is being further borrowed upon.
Not sure where that leaves us, probably not a lot different than we were the day before these results came out...

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