Itronics Inc (ITRO)

[twilko]

This means revenues have been paying for operations, right?

Right! My analysis anyway.

I'm assuming this is because no interest payments are being made on any debt while the NIR fiasco works its way thru the court system. Would this be a good guess?

yes, I believe that, but I do not know is for a fact.

Also, if they have been cashflow positive then wouldn't ya say that is newsworthy?

Yes, but as a pink CO. not necessarily reportable.

Corporate governance negligence?

I do not think so, but I am not a SEC attorney either. Check with your attorney.

I am sure that John has his hands full just dealing with the technical side of the biz model. I am not 'cheering him on'. I am giving him the benefit of the doubt. Yes, he could be doing things differently, but decisions have been made and they have to be handled and dealt with. We may not agree with the way it is done, but I do not agree with what the government is doing either. I guess I need to rant more!