TSXV:JPWR.H - Post by User
Comment by
zalmonellaon May 17, 2018 6:03pm
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Post# 28049170
RE:RE:RE:RE:Financials are up...
RE:RE:RE:RE:Financials are up...
I did - toughest finanicals I've read in a while, as they're trying to account for everything in the changeover. But with all the little things like related party transactions etc, I'm seeing $40M in debt and $31M in debt retirements, with huge expenses each year leavintg little to service that debt with. And I'm not even including the current portion of capital leases which I ordinarily would as they come due this year so have to be met out of current revenues. I'm not seeing the possibilities for revenues yet - the green power credits I count as shaky as they could be overturned by a poltiical change in a very short period, so I really am in this only for the crypto. Unfortunatley, that seems to be remaining as only potential for now, which isn't how it was sold.
It will take the next quarter for me to see how it all shakes out - I can't see it in this picture. If you've a magic wand.....