I think Steve has us in a position to pay the DE d
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Posted On: 09/26/2018 10:55:43 PM
I think Steve has us in a position to pay the DE debt off now, without sacrificing business growth.
I also think that info concerning the debt posted previously is what caused the anxiety about the debt. We were told:
1 - It was a surprise leftover from previous management
2 - It will be taken care of quickly
3 - It has been addressed and managed
4 - It has been paid off
5 - It is $350K, but, we expect to settle for 10% to 20% of that total
6 - It is $37K - probably driven by #5
7 - It is $25K - probably driven by #5
8 - It is less than prior estimates and could be as low as $12K
We also heard it was not a priority and didn't have to be addressed in the short term.
Gosh, as I review all that we heard, it's no wonder that some are confused. Let's wait to see what Steve says - and, hope that he says something SOON.
I also think that info concerning the debt posted previously is what caused the anxiety about the debt. We were told:
1 - It was a surprise leftover from previous management
2 - It will be taken care of quickly
3 - It has been addressed and managed
4 - It has been paid off
5 - It is $350K, but, we expect to settle for 10% to 20% of that total
6 - It is $37K - probably driven by #5
7 - It is $25K - probably driven by #5
8 - It is less than prior estimates and could be as low as $12K
We also heard it was not a priority and didn't have to be addressed in the short term.
Gosh, as I review all that we heard, it's no wonder that some are confused. Let's wait to see what Steve says - and, hope that he says something SOON.
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