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thesmalls

05/26/15 9:47 AM

#555 RE: vergoignan #553

i sent an email to the company asking about that but heard nothing back.

when they did their last capital raise with magna - it could have been a logical transition. wholesoy was in over their heads on the expansion and couldnt make the ramp up fast enough to cover the new notes. NUTT has (surprisingly) had the equity avenue to do such things. of course - shareholders have no idea what the cost of that capital has been or will be in the future (dilution/convertible debt) but they have been getting it.

both top and bottom line have been increasing consistently and net income remains positive. that is a very good sign. imagine where the company/stock could be without all the negative history surrounding the owners/mgmt...? still haunting them and will continue to do so.