Replies to post #95987 on CBA Florida Inc. (fka CBAI)

[A77]

I would think they will have 1.6 Million by June 2016. In the past couple years it looks like they have generated about 700K a year cash and do most of it in the 1st half of the year. And that was before the greatly improved financials. I would guess they do 900K in the next 7 to 8 months,added to the 700k would total 1.6 million.

Of course if they pay down any debt the cash total would be lower but they would save cash on interest pmts to Tonaquint.

[Myth]

Funny thing, I was just thinking about that this morning.

When the Q hits we will have a better idea, have they making any additional payments since the Red Oak payoff ?

I have no idea....