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ks1977

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ks1977

Re: modes948 post# 152181

Wednesday, 12/19/2018 11:00:21 AM

Wednesday, December 19, 2018 11:00:21 AM

Post# of 163718
It seems to me that Solomon doesn't have 1MUSD; obviously they didn't have the cash to pay the dividend, and now it (at least) seems that they don't have the cash to adhere to the payment schedule for ECAB. They also owe Garret money (but that might be postponed, unless he to is fed-up), and then we have the bank-loans that need to be paid or renewed (maybe that's a no-brainer) and the collateral shares loan...

If he cancelled (not postponed) the cash dividend because of lack of cash-flow, then he surely does NOT have any money for buybacks
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