Alterras Systems Inc (fka ASIUQ)

[upshegrows]

How can Alterrus deal with its enormous debt and yet grow?

IMHO Alterrus will have to find a way to negotiate a settlement. Creditors will surely have to take a hit but a live company is better than a dead one.

That's exactly what has happened for a good chunck of the debt. The creditors took equity as payment. But that my point to Barunuuk, Terry. It cost the company > 50% dilution. The share count jumped from 96M to 148M.

All that and they still have negative equity.

Don't get me wrong, I'm not down on Alterrus. I own the stock. But as I said earlier ... anyone hanging their hat on a positive bottomline at this point is delusional. Years ... perhaps.