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Thursday, 05/14/2020 3:48:45 PM

Thursday, May 14, 2020 3:48:45 PM

Post# of 1384
Annual report out. They did less than $1 mil in sales in Q4. Even by Pola standards, q4 was a disaster. And they can’t even blame that on Covid. There’s no way they can honestly say at the time of the lass earnings call that they had no idea that the present quarter was going to be their worst yet.

And more talk of never ending “temporary” setbacks. They got that PPP loan a couple weeks ago for 1.7 million. But they have to be teetering on insolvency right now. Their auditor now lists them as a “going concern” and annual report says they have resources to operate through about September.
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