Posted On: 10/05/2013 3:22:59 PM
Post# of 16816
BCAP's contract with CYBK was terminated early as the company changed direction. The total payment will be $300k.
BCAP's debt in TGGI is $300k principal and ~$170k interest.
BCAP's debt in RIGH is about $5-600k.
So far all shareholders have faced are delays with a CEO who's determined to protect the company. Protecting the company -- and by definition the shareholders -- isn't a bad start.
On the current face of things, if BCAP achieves $3-500k per client it'll succeed in building the cash basis to implement it's acquisition plans.
I'm still a shareholder and I still support my investment here.
BCAP's debt in TGGI is $300k principal and ~$170k interest.
BCAP's debt in RIGH is about $5-600k.
So far all shareholders have faced are delays with a CEO who's determined to protect the company. Protecting the company -- and by definition the shareholders -- isn't a bad start.
On the current face of things, if BCAP achieves $3-500k per client it'll succeed in building the cash basis to implement it's acquisition plans.
I'm still a shareholder and I still support my investment here.
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