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Alias Born | 03/07/2014 |
Tuesday, March 11, 2014 11:46:45 AM
Could they pull a miracle rabbit out of a hat? Sure. A hail mary is just that and happens every once in a while on this planet. But these guys are as the old band name says, in "Dire Straights" as far as every key financial reality I can see (IMHO). An old biz saying says, "CASH IS KING", and they ain't got much cash on any given day and that's despite selling shares by the truck load full . From over 200 million shares outstanding what, only 8 months or so ago, to now over 350 million shares outstanding and rising by the day. My guess- is the this next 10-K will show well N. of 400 MILLION shares as being the new outstanding share count.
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