Anyone can pull out a chart and input info out of thin air. I’m not spending my day detailing the financials and data but there was well over a million plus in debt before Conway.
The trouble with that comment is that I didn't pull the data out of thin air, and the claim that "there was well over a million plus in debt before Conway" is easily proven wrong.
Per LIBE's 2014 10-K filing, which covers the fiscal year ending Sept 30, 2014, Conway became CEO on Oct 1, 2014:
As of Sept 30, 2014, the day before Conway became the CEO, the balance sheet shows that LIBE had $316.6K of convertible debt. It also shows that on that date, LIBE's total debt of $512K was roughly $58K lower than LIBE's convertible debt of $570.4K reported at the end of 1Q/19 (see the recent 10-Q).
The supporting numbers for the other data points in the chart I posted earlier are easily found in LIBE's 10-K filings at the following link:
AI
