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Traderfan

12/02/14 11:45 AM

#18941 RE: sobe4life #18940

Yes like I said, the only way out is if they actually have positive cash flow and use it to reduce these toxic notes whenever they can. But then again I'm not holding my breath because if they would be able to do that they wouldn't need to go to toxic financing guys in the first place.
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Traderfan

12/02/14 11:49 AM

#18942 RE: sobe4life #18940

Revenues matter relatively little when the issue is profitability. They did 6 million in sales last quarter and didn't even manage to have an operating profit. Not even talking about their absolutely horrible interest expenses of more than a million last quarter. How should they ever set monies aside to pay back notes? The last quarter was far away from it.