I would be ok with just about any time frame if th
Post# of 9964
Posted On: 11/27/2014 10:10:59 AM
I would be ok with just about any time frame if they didn't have convertible debt. What you saw on Friday was huge 42 million shares just blown out there. The next convertible to convert will be larger. they have no cash flow to do any debt service and 2 mil debt. The Brazil shipment was botched. So, where's the debt to be serviced from? Convertible's. imho.. Next flush takes one down into the triple zips. OS is heading to 900mil and AS is 1.1 bil. so either they raise AS or they R/S. Common share holder reduced to ashes. imho either way.
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