Tuesday, April 01, 2014 8:02:45 PM
That’s my guess. The CEO previously reported that the company has received contracts for work but most of that money is collected once the customer agrees to take delivery, therefore the need for subsistence cash to pay the monthly bills. This problem gives us insight into the structure of the KPMG lawsuit settlement… it’s probably not one lump sum payment.
As long as the company continues to win new contracts and the CEO can persuade key employees to stay on, then I think the share price will quickly bounce back
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