Five Star Senior Living Inc (FVE)

[chainma1l]

They will just continue doing what they are doing. Selling facilities to SNH and they will eventually just close up shop.
SEC should have gotten involved in this years ago, but now that it's a penny stock, they aren't going to waste their time. Looks like there were a few dollars made going from $.3 to $1.

Five Star faces challenges that are currently negatively impacting its revenues, expenses, cash flows and results from operations, and Five Star expects these challenges to continue at least through 2019. These conditions raise substantial doubt about Five Star’s ability to continue as a going concern. Based on Five Star’s cash balance at December 31, 2018 and projected cash needs for the next 12 months, Five Star’s management believes that Five Star will need to increase its revenues, reduce its costs, renew or replace its existing credit facility, reduce its operating leverage and/or pursue other transactions to be able to continue to fund its operating and capital requirements and meet its debt covenant obligations.