InvestorsHub Logo
Followers 0
Posts 124
Boards Moderated 0
Alias Born 01/08/2018

Re: SophieOreo post# 3796

Wednesday, 11/14/2018 3:45:25 PM

Wednesday, November 14, 2018 3:45:25 PM

Post# of 7379
Assumption was made that they could afford the debt they have. If they are over their head and paying down the debt to not close the doors, we are in a worse off situation then I thought. That means cash burn ratio off too much. We would have to get yet another loan or something eventually. Besides its been stated that we are increasing revenue significantly now. So debt is not a real concern if we are not taking on more than we can afford. Expanding and adoption is what grows the company for both long and short.
Company buyback has more options then paying down manageable debt.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y