RE:RE:Modesto's Incorrect FactsDirect quote from CEO Ed Wright on the Q3 call:
"During the third quarter, we generated $23.3 million in total revenue. We generated $7.8 million in adjusted operating EBITDA attributable to shareholders and $6.4 million in free cash flow while maintaining strong margins. We completed the quarter in a strong financial position with $10.4 million in cash and $13.1 million in working capital. In addition, we have $35.8 million remaining on our $100 million credit facility at an interest rate of live reports 2.5%. This combined with our quarterly cash flow gives us ample flexibility to grow our business without issuing stock and diluting shareholders."
I don't know how this point could be any clearer...