Posted On: 12/25/2015 11:45:15 AM
Post# of 75042
Lets be realistic now. We are adults and sugar coating isnt necessary. The essence of the paritz audit states that if this company remains on the path that it is on, as of june 30th, that it will be non-sustainable. To that, i agree. Since june 30th many promising events may have occurred...and likewise there may also be more debt added in that time frame. We dont know.
Perhaps the audit being released is more good then bad as at least it shows the company's willingness and commitment to move forward. There is no way to spin those numbers in the audit as a positive, and realistically we all knew the audit wasnt going to contain fantastic financial data anyway.
What needs to happen soon is a big boost to revenue. The company cannot indefinitely accumulate debt. There is a time frame. Lets hope tom and co. Have something big in the works and the revenue stream picks up in 2016.
Im still holding my shares as im still hopeful...perhaps cautiously optimistic.
Happy 2016 to all. Go RMH
Perhaps the audit being released is more good then bad as at least it shows the company's willingness and commitment to move forward. There is no way to spin those numbers in the audit as a positive, and realistically we all knew the audit wasnt going to contain fantastic financial data anyway.
What needs to happen soon is a big boost to revenue. The company cannot indefinitely accumulate debt. There is a time frame. Lets hope tom and co. Have something big in the works and the revenue stream picks up in 2016.
Im still holding my shares as im still hopeful...perhaps cautiously optimistic.
Happy 2016 to all. Go RMH
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