NXXI Inc (fka NXXIQ)

[jackk_lutz]

Of course the EBIDTA is calculated from the past but is still determined each QUARTER.. I look for their EBIDTA to continue to improve in future quarters.. All of this is due to their new business plan put into effect after the retail portion of their business was sold..NXXI is now leaping forward and I am looking for some big PRs forthcoming announcing new joint ventures with big pharma companies..As for the $18M due on 9/11 (and not 11/11 as you posted) I forsee the company and their Preferred investors re-negotiating and extending their contract for another reasonable time period..Perhaps even for another 5 years..
My theory on this is due the the fact that:
#1. The Preferreds have always received their dividends..Not in cash but in shares and the company has never once reneged on those dividends..
2. The Preferred investors can now see that the company has turned things around by looking at their consesecutive past quarters of positive EBIDTA..