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Lama

04/23/15 11:35 AM

#22740 RE: Hugodrax #22738

Don't forget accounts receivable were 15 million...would lesson the need for immediate cash
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slyestjester

04/23/15 11:52 AM

#22742 RE: Hugodrax #22738

"IMHO unless Cyrus puts in more debt, the most realistic capital raising option is straight equity, and I wouldn't be surprised if they needed t to sweeten it - e.g. max discount to trading price and perhaps warrant kickers."

I wouldn't be surprised if Cyrus pays above market if raise becomes necessary.
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commoncentsinvestor

04/23/15 1:07 PM

#22755 RE: Hugodrax #22738

Homework assignment: How much is the recent MicroSoft deal worth to Sphere?