Friday, March 16, 2012 8:38:11 AM
Unless restructured or paid down or off thru the conversion process those expenses will continue to increase. If you look further into the Q you will see where mandatory payments are due and since we have not seen any filings to say they are in default of those payments we can assume they are being paid.
But they continue to try and be a one pony show, with Elasco footing the bill for everything... Elasco alone is a profitable company...they need to get Blu Vu up and running if they are to have a chance. Thats why the Titian info is so vital to the success of the stock. Once investors see that Blu Vu has finally generated revenue they will begin to buy. IMO
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