The rubber meets the road in those filings! I'm a
Post# of 43066
(Total Views: 195)
Posted On: 02/02/2017 8:50:17 AM
Re: Commando911 #34193
The rubber meets the road in those filings!
I'm almost getting shivers in anticipation of the annual report, albeit months away (and probably late too).
I'm patiently waiting for a fraction of a penny, and here's why.
The filings aren't pretty.
The news cycle is over until some type of new MOU is created? At this time in the current ceo's tenure, that particular tack isn't going to take them anywhere, any more.
I doubt he'll be able to pile on additional secured debt at 15% and have any bid support at all.
Current assets are only 1/3 of current debt, soon to be 1/4, then 1/5, 1/6 as assets continue to be written off and sold, while debt is rapidly ballooning.
We need volume and new blood and stock promoters and a convertible debenture agreement or three to start a toxic spiral that should crank up the volume as many more look to benefit from volume and stock sales!
So I wait.
I'm almost getting shivers in anticipation of the annual report, albeit months away (and probably late too).
I'm patiently waiting for a fraction of a penny, and here's why.
The filings aren't pretty.
The news cycle is over until some type of new MOU is created? At this time in the current ceo's tenure, that particular tack isn't going to take them anywhere, any more.
I doubt he'll be able to pile on additional secured debt at 15% and have any bid support at all.
Current assets are only 1/3 of current debt, soon to be 1/4, then 1/5, 1/6 as assets continue to be written off and sold, while debt is rapidly ballooning.
We need volume and new blood and stock promoters and a convertible debenture agreement or three to start a toxic spiral that should crank up the volume as many more look to benefit from volume and stock sales!
So I wait.
(0)
(0)