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Re: SurgeGuy2.0 post# 24011

Tuesday, 05/22/2012 12:23:17 PM

Tuesday, May 22, 2012 12:23:17 PM

Post# of 58869
Only if you are not caught in a spiral of more debt for the last debt

SAPX Balance Sheet clearly shows
- out of cash
- new debt not enough to retire old debt
- increasing debt conversions
- no investment in revenue generation

*IF* SAPX was profitable and was converting debt to equity to improve interest cover or invest in revenue creation, then, yes, it would be a good thing