InvestorsHub Logo
Followers 0
Posts 309
Boards Moderated 0
Alias Born 11/17/2007

Re: ROCKNROLLA post# 3157

Friday, 10/12/2012 12:03:21 PM

Friday, October 12, 2012 12:03:21 PM

Post# of 8799
Wippersnapper, I'm not so concerned about the debt situation, since the debt is owed to CELH's largest shareholder, Carl DeSantis. Carl owes roughly 52% of the equity shares outstanding, so he doesn't really need the debt to control things. I'm sure that Carl realizes that at some point down the road, he could forgive the debt and he would likely see the value of his equity shares skyrocket as a result of the company then being debt-free. In essence, he would merely be swapping debt for a higher equity value.

i don't think anyone is bragging about being in debt. i think management is pretty concerned about getting on the road to profitability. like i said before, we still need to wait on the most recent earnings report to see their progress, but i think the overseas development will have a huge impact on Celsius profitability...
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CELH News