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Monday, May 22, 2023 8:42:50 PM
The receivables are the income drop in the bucket scenario that I saw as a potential here. This revenue potential could out earn its debt issues if the company continues to tread water and kick the can down the road debt wise.
The receivables will continue to grow and in the financials they state that this figure is a realistic number that could be received in the future.
The debt is a issue, I’m not sure how they will expand to a new location but the demand is probably there.
My two cents… take it for what it’s worth and read the financials yourself to come to a conclusion.
Holding or bust
GLTA
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