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The Hook

04/06/13 11:30 AM

#55358 RE: muff1 #55357

You are right muff, and I think a company with too much debt is like "Fattening The Frog For The Snake", the outcome is not good especially for the frog, LOL. Debt free for SNDY appears to be on the radar, achievable, and sought after yielding a great story of a remarkable company that is properly taking care of business. GLTY
AND GLTA SNDY LONGS
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slazenger7

04/06/13 4:07 PM

#55362 RE: muff1 #55357

They reduced the debt through massive dilution and Reverse Splits! That is something that kills shareholder value. If you "love how this company reduced so much debt" then you must be fine with massive dilution and the always possible fifth R/S, so the company can continue to dilute to keep that debt reduced.