Replies to post #334 on Inseego Corp (INSG)

[LionsTact]

INSG did have a bump in revenue which everyone knew would happen. But the big thing is there are still over 40m in senior notes due, they have 30m cash on hand mainly from 25m in newly issued issued notes that will not be due for time. Not much wiggle room on the balance sheet and most likely another cash raise is imminent.

Maybe best case scenario is they are able to pay the interest on the rest of the 40m in senior notes and raise more money with more senior notes, but they need a fix for the constant need to issue series e notes instead of using a band aid approach all the time.

[slimhere]

Lion, at this stage of the game, it's all revenues.

Plus, didn't you hear Dan the Man, the last question he took, he was as clear as a bell, INSG has enough money on hand to bring them to profitability.

We are on our way to the promise land. 5G is just starting.