There's not a whole lot of good in the report, but
Post# of 75010
Posted On: 05/16/2016 7:35:23 PM
Re: Borrego bill #21097
There's not a whole lot of good in the report, but it's stuff we already know.
Truthfully there is so much converting of shares in that report that it's beyond my investing comprehension.
I see the selling of shares in order to fun the May production run, more shares outstanding, more debt (although it looks like a significant amount of bad debt was paid down, and the extra debt is more like growth debt necessary to expand operations).
Lawsuit stuff. Just things we already know about. It could go our way, it could go their way, who knows.
No specific details on plans ahead.
Wouldn't say it's a bad report, but wouldn't say it's a good report. Just one of those "let's wait and see what happens in the next few months" at this point type of reports.
Truthfully there is so much converting of shares in that report that it's beyond my investing comprehension.
I see the selling of shares in order to fun the May production run, more shares outstanding, more debt (although it looks like a significant amount of bad debt was paid down, and the extra debt is more like growth debt necessary to expand operations).
Lawsuit stuff. Just things we already know about. It could go our way, it could go their way, who knows.
No specific details on plans ahead.
Wouldn't say it's a bad report, but wouldn't say it's a good report. Just one of those "let's wait and see what happens in the next few months" at this point type of reports.
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