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Mood Media Corporation T.MM

"Mood Media Corp provides in-store audio, visual and scent marketing solutions to businesses including specialist retailers, department stores, supermarkets, financial institutions and fitness clubs, as well as hotels and restaurants."


TSX:MM - Post by User

Post by dreaddogson Jan 29, 2014 10:07am
135 Views
Post# 22146929

sale of latin business- cash on hand -riddle

sale of latin business- cash on hand -riddle
the riddle is what is the company going to do with the money on hand...

approx .... 29 million from Q3 -cash in hand
approx      16 million from the sale of the south american business
approx        8 million of savings from reducing 40 warehouses to 24 warehouses (phase 1
                       completed



maybe they should pay down some of the debt or hold on to the money...

any thoughts
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