(Total Views: 291)
Posted On: 01/16/2018 8:17:02 PM
Post# of 1514
Pretty much as expected:
25M gross revenue for year
15 M company value
26 M shareholder debt
1/2 M net loss for year after all operating/ debt servicing costs.
The company is headed in the right direction, but the debt load is still too great as of 9/30/17. The good news is this does not take into account the recent removal of the 4.6M of convertible debt, nor the potential impending (?) sale of the machine tool division, nor the upcoming 10M 1st quarter revenue, all which will be reported one week late as usual after mid-Feb. This should open a few eyes.
But for today, no surprises. Have to wait a month. When will Gurba give us his usual radio shoe forward guidance?
25M gross revenue for year
15 M company value
26 M shareholder debt
1/2 M net loss for year after all operating/ debt servicing costs.
The company is headed in the right direction, but the debt load is still too great as of 9/30/17. The good news is this does not take into account the recent removal of the 4.6M of convertible debt, nor the potential impending (?) sale of the machine tool division, nor the upcoming 10M 1st quarter revenue, all which will be reported one week late as usual after mid-Feb. This should open a few eyes.
But for today, no surprises. Have to wait a month. When will Gurba give us his usual radio shoe forward guidance?
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