Replies to post #44907 on Banro Corp. fka BAA

[fazlice]

They are working hard to ensure delisting doesn't happen. They have a plan once namoya goes live. Love it. Bravo.

[goldismoney1]

Thanks for posting. "We have the gold forward sales agreements which are liabilities of $52 million, so that would give you a total number of $244 million of debt on the balance sheet. Now we have preferred dividends of $72 million and we obviously – that would be your debt and preferred for a total of about $315 million to $320 million."

Is he stating preferred dividends due of $72 Million or $72 million worth of preferreds which is like just under 3 million preferred shares?