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Re: glenmorangie2 post# 3071

Wednesday, 10/04/2006 10:17:20 AM

Wednesday, October 04, 2006 10:17:20 AM

Post# of 3403
The debt structure can't change until their is sufficient funds to make that happen, i.e. an ability to pay off interest and debts without CD's. Profitibility should be just around the corner and that will allow them to start paying bills as they come due, and change their reliance on/to the CD debt structure. Once they hit profitibility, they can think about using their extra cash to buyback shares. At this price it would be quite cheap for them to buy and retire a great number of the outstanding shares.

All IMO of course.
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