Internap Corp fka INAPQ

[Bert_From_Accounting]

I have many reasons to hold/buy more... 1. Business can thrive in social distancing environment as well as open economy. I expect more telework even after this pandemic is over 2. EBITDA is pretty damn good and lower interest expense and overhead costs as result of restructuring will certainly help the bottom line EPS. 3. Tax net operating loss carryovers are huge asset that will help EPS going forward (this is a HUGE point in the chapter 11 agreement and is also the main reason they are handling the transition of current shares to warrants to stock in new company). 4. Expansion announced in February "INAP and NMBL Technologies LLC announced a new strategic alliance that will strengthen INAP’s foothold in the legal services industry. NMBL will offer its legal workflow management solution, Proxy, in a secure private cloud managed by INAP" This is a huge positive, because legally they would have had to disclose to NBML what was going on with restructuring even though it wasn't public and NMBL was not turned off. 5. They appear to be very active in social media and PR, so they are very much alive and they are incentivizing employees to stay with stock in new company.