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Monday, August 05, 2013 6:30:16 PM
That's not "by year's end" by any definition.
The company is "scheduled" to become cahs-flowm positive, but they have missed all their previous time targets. If their revenye go down in Q3, and go back up 7% in Q4, how are they gonna meet their "target" by Q1 ?
You realize that Q3 so far is just as bad as Q2, which was a $300K operating loss ?
And the company has just added another $665K of debt, on top of its operating debt and its other $7.3M of debt and liabilities. That's far from debt-free.
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