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TrueTrades

05/15/17 10:25 AM

#9197 RE: Honeycomb777 #9188

remember the payed off notes?
woo hoo!
10k says
As a result of the completion of a public equity offering in March 2017 (see Note 7), we were required to prepay the outstanding principal and accrued interest balance of the 2016 Notes with the cash proceeds received from such offering
spin that penalty as positive damaje!
robbing peter to pay paul

BooDog

05/15/17 10:37 AM

#9199 RE: Honeycomb777 #9188

Distribution is their strong suit imo. Getting product revenue is the key. Need to start making more than we're spending, adding even more stress by buying more product may only be a short term stress but the BV only goes up if they can actually increase the revs. Stuff just sits on a shelf somewhere, globally even, it's not making us money. Collect and sell what's going to sell. Then this becomes a takeover target. Till then, I don't see how he's going to get this cash positive.