InvestorsHub Logo

agribusiness72

12/03/12 7:38 AM

#9349 RE: qtipjoe #9348

Of course they said that, what else would they say? They are still trying to get funds and laying off people so they can last another year. No guarantees in the business world. Time for management to take a paycut, and still waiting on the CEO to purchase some stock, such a low pps and yet no interest from management either. Just how do you propose they pay back a loan when 1) they can't pay the interest on the preferred shares, 2) they continue to lose money so there is no profit available to pay back the loan? 3) Last repayment was done in shares, which in turned decimated the PPS, and banks don't take shares as payment. Where do you see the positive??

AlanC

12/03/12 8:32 AM

#9352 RE: qtipjoe #9348

joe: I am sure TEVE management is aware a market cleanup is underway. Much of the cleanup process will not be publicized but it is happening as we speak. The naked shorters for the first time in 15 years are facing real danger. Keep your eyes on the prize but be aware that a major cleanup is underway and I suspect once enough progress has been made with enough of the players doing perp walks we may just hear from management about future plans for TEVE. All imho. Go TEVE!!!