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Re: crashman post# 157310

Thursday, 04/10/2008 12:03:03 PM

Thursday, April 10, 2008 12:03:03 PM

Post# of 250252
This is cool..just keep posting the same answer to the same questions being asked...

And I think you know they don't just "pull" a note if one of the covenants is not met....tsk, tsk with the scare tactic.

Posted by: az_maverick
In reply to: ezxccsc who wrote msg# 151145
Date:3/28/2008 8:08:04 AM
Post #of 156875

I think everything has been disclosed in the most recent filings. Even the loan covenant with WF showed the expected quarterly profit/loss and expected cash flow for the upcoming year.

I expect to see a small loss on the consolidated operations - much less of a figure than in past. The consolidation plan and full integration of stores is supposedly happening, and overhead is being reduced as a result. I believe they mentioned $500,000 of o/h trimmed in the first go around.

“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.”
Winston Churchill

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