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Re: wingtrade post# 37667

Sunday, 06/03/2018 11:20:26 AM

Sunday, June 03, 2018 11:20:26 AM

Post# of 76637
Agreed. At the rate they were issuing to lenders (30-50m/month) they should have used up the remaining 180m that was reported on their last fins. That should leave them with several hundred thousand in debt and no shares to pay it with. Fins due by July 15 which probably won’t tell us much (their quarter ended this past Thursday, may 31). Just the remaining debt and shares. It’s the fins in October that will hopefully tell us what they are doing about the remaining debt.

As a disclaimer, I no longer own any shares here so a few of the posters disagree with or disregard my input. There are plenty still invested here that might offer alternative thoughts.