Why Debt Restructuring is key for shareholdersThe following table summarizes amounts and maturity dates of the Company’s contractual obligations as of December 31, 2015:
2016- 14,053,757
2017- 13,791,323
2018- 2,256,136
2019- 1,472,507
The upfront costs of a usual PYD contract requires machine placements be paid for the first 3 years of the 5-7 year contract. It may appear to shareholders that Poydras is losing money and bashers are key to point this out. 2016-2017 wear most of the debt payments over a four year period and would take a lot of sacrifice to pay off with great rewards for shareholders past that point. If management is able to restructure the debt over a 5 year institutional loan at simular or lower rates shareholders would see immediate quarterly gains with cash on hand to enable organic growth at much higher rates.