Replies to post #2029 on AB International Group Corp (ABQQ)

[stockfan100]

Here is my take. Obviously, company has been making money (first movie and second one coming in April).

But, at the same time, company has had Notes (and will have more until they are profitable for a while) to take care of and it has been paying them off as much as they could.

We just have to remember that entertaiinment business has a high initial investment and operating cost.

So, company must have been finding a workable balance between paying back the Notes and having money to spend on the next movies, etc.