SURG the need for capital for a profitable and fast growing business wouldn’t exactly be unusual. You still have to fund working capital while you wait to be paid.
That said we always knew there were red flags here. It’s a pretty good summary of some known issues, and a couple I hadn’t heard. Thanks for the link.
Very little of substance in there except to basically say their numbers are real and that they will earn at least 6 million plus this quarter. The 6 million would be over .40 eps. I think it gets a pop today given how badly it was smacked down, but I doubt that letter alleviates concerns.
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