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Re: hedge_fun post# 19816

Wednesday, 07/28/2010 1:48:15 PM

Wednesday, July 28, 2010 1:48:15 PM

Post# of 64446
You're not getting it. Old debt needs to be elminated and it can't be done now because there is not enough cash to do it. Guess what. 18 months is quite a stretch!

Kenergy can be cash flow positive and make its interest payments. The principal is still there. It's really no different than you having a $5,000 loan, making $5,000 a month and paying $130 interest. How much money is left over for you? $4,870.
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