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Re: JohnCM post# 68168

Thursday, 01/07/2021 1:17:13 PM

Thursday, January 07, 2021 1:17:13 PM

Post# of 70418
With this company, history is important. The wasteful spending and dilution is why it is where it is today.

Yes, with new leadership, things will hopefully improve.

The quote, "The Company's goal is to achieve positive Adjusted EBITDA in Q2 2021." is meaningless to me since different variations have been quoted by company management for many quarters, and never achieved. That's another reason they are where they are.

Another $47.4 million in restructuring payments, such as contract and employee termination costs?

I think not.



Maybe yes, maybe no. ACB history suggests these "one time" costs will continue for a while under various categories. The company has taken hundreds of millions of dollars of these "one time" expenses.

That doesn't mean we have to agree.

"Sometimes people don't want to hear the truth because they don't want their illusions destroyed." - Friedrich Nietzsche
"None so deaf as those that will not hear. None so blind as those that will not see." - Matthew Henry

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