Totally agree. I’m glad we have relatively low debt compared to most in our industry. We just saw how easily too much debt can suddenly sink a company like Lannett, even with more revenues than we have.
As much as I hate dilution, it’s probably better that things played out the way they did than us suffocating under a mountain of debt we can’t pay back.
No company or CEO does it perfectly but I think we’ve landed in a good place so far.
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