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Re: 1990 post# 10367

Tuesday, 03/30/2021 11:33:42 PM

Tuesday, March 30, 2021 11:33:42 PM

Post# of 21245
This was absolutely the worst of 90% earnings report this Q. in this sector. Almost everyone had a much improved bottom line and we had the worst Q all year. The focus should have been on results and what they will do to improve them. Instead talk about rosey future projections. Sure as heck I am wrong. Many talk about EBITDA but miss the point when your paying lots of monies on interest. Kind of like a car loan at 28% or no interest or low interest. Without an out on the the 12%-15% interest getting to profitably is going to be tough. Hope to be dead wrong but going back to the $1.20 converted shares and then get 12-15% interest is thieving off the shareholders. I honestly think the preferred shares at 8% is fair deal. Guess in another 45 days we will see here where the wind is blowing especially bottom line after EBITDA is factored in. GLTA

PS I believe another good size loss is coming for Q1.
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