InvestorsHub Logo
icon url

onkelhubert

07/02/15 11:54 AM

#348364 RE: AugustaFriends #348360

that's not the CEO that's Lisa Thompson writing this article and arguing.
icon url

matt24d

07/02/15 11:59 AM

#348368 RE: AugustaFriends #348360

The bottom line is the CEO is being smart about how they are handling Payonline. They are using shares to buy a profitable company with no debt. Even on their last Call one of the analyst had asked what their monthly payments would be cash wise for payonline and the CEO stated it would be 0. It sucks now but after the merger is completed they will have a profitable company with no debt that will add to the bottom line right out the gate. It makes sense not to add to their monthly expense.