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Sunday, March 03, 2013 8:07:23 AM
flaflyersfan, it's also possible they would turn a healthy profit. The truth is, you don't know. The key issue for CERP was not their debt. Companies operate with debt all of the time in growth phases. Their problem was the outstanding Accounts Receivable balance - the non-paying European customers - which then triggered the debt problem. 7 and 8 figure revs, with the right payment terms, could right the ship. And yes, that is a longer-term outlook, deeper into 2013, and there's much that could transpire in the shorter term.
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